Upbit’s 24-hour trading volume reached a yearly high of nearly $15 billion on March 5 before dropping to as low as $2.6 billion on March 31.

The 24-hour trading volume at Upbit, one of South Korea’s biggest crypto exchanges, fell to $3.8 billion at the start of April after reaching a high earlier in March. 

On March 5, Upbit recorded a daily trading volume of almost $15 billion, the exchange’s highest trading volume this year.

The crypto exchange’s surge in daily trading volume may be attributed to Bitcoin reaching a new all-time high of $69,200 on the same day.

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