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Upbit Weekly Volume Falls 20.8% to 6.7 Trillion Won

South Korea's largest crypto exchange, Upbit, saw its weekly trading volume drop by 20.8% to 6.7 trillion won (approximately $4.9 billion) in the week ending November 8, 2026. Despite this decline, XRP continued to lead trading activity, outpacing Bitcoin and the USDT stablecoin. The research notes that XRP has consistently ranked first in trading activity on Upbit, attributed to strong local retail interest in KRW-denominated XRP pairs and active rotation among traders towards steadier assets during slower trading periods.

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