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Kaiko: South Korea accounts for 30% of global crypto trading volume, with altcoins making up 85%
Mars Finance reports that on April 15, according to the crypto data agency KaikoData, South Korea accounts for 30% of global crypto trading volume, with altcoins making up as much as 85%, Bitcoin only 9%, and Ethereum 6%. South Korean trading platforms have an average weekly trading volume of $2.62B, dominated by altcoins, indicating strong speculative characteristics. In contrast, Japan’s crypto trading volume remains stable at $2-3 billion per month, which is much lower than South Korea, but Bitcoin’s 1% market depth is 3-5 times that of South Korea, offering better liquidity.