XRP Trading Volumes Surge in South Korea, Signaling Increased Volatility

韓國 XRP 交易量激增，顯示波動性加大

XRP trading volumes on South Korea's largest crypto exchanges have surpassed those of Bitcoin (BTC) and Ethereum (ETH), indicating heightened interest that often heralds price volatility.

韓國最大的加密貨幣交易所的 XRP 交易量已超過比特幣 (BTC) 和以太坊 (ETH)，這表明人們的興趣濃厚，這往往預示著價格波動。

On UpBit, Bithumb, and Korbit, the country's top exchanges by volume and user base, total XRP trading volume against the won reached over $800 million in the past 24 hours.

在 UpBit、Bithumb 和 Korbit（按交易量和用戶基數計算）的該國頂級交易所上，過去 24 小時內 XRP 兌韓元的總交易量超過 8 億美元。

XRP accounted for $200 million in volume on Bithumb and $600 million on UpBit, while Bitcoin trading volumes were less than half of those on both exchanges. Demand for other assets like Dogecoin (DOGE) and Ether (ETH) was significantly lower, with volumes reaching only a tenth of those for XRP.

XRP 在 Bithumb 上的交易量為 2 億美元，在 UpBit 上的交易量為 6 億美元，而比特幣交易量不到這兩個交易所的一半。其他資產如狗狗幣 (DOGE) 和以太幣 (ETH) 的需求明顯較低，交易量僅為 XRP 的十分之一。

High trading volumes often foreshadow increased volatility, as they suggest that market participants are anticipating significant developments and are taking speculative positions. Surge in volumes may indicate an impending price breakout if they support a sustained move through resistance or support levels. However, they could also signal a price peak or trough, potentially leading to a reversal if the volume reflects panic selling or aggressive buying at perceived undervalued or overvalued levels.

高交易量通常預示著波動性的增加，因為它們表明市場參與者正在預期重大發展並採取投機頭寸。如果交易量支持持續突破阻力位或支撐位，則交易量激增可能表示價格即將突破。然而，它們也可能預示著價格的高峰或低谷，如果交易量反映了在被認為低估或高估的水平上的恐慌性拋售或激進買盤，則可能導致價格逆轉。

South Korean traders are known for driving euphoric rallies on tokens, which can amplify buying pressure and influence prices. XRP has gained popularity among Korean traders this year, with political events often sparking sudden price movements in XRP markets locally, as previous CoinDesk analysis has shown.

韓國交易員以推動代幣上漲而聞名，這可能會放大購買壓力並影響價格。正如先前的 CoinDesk 分析所示，XRP 今年在韓國交易者中越來越受歡迎，政治事件往往會引發當地 XRP 市場的突然價格波動。

The recent volume spike coincides with the issuance of an arrest warrant for South Korean President Yoon Suk Yeol early Tuesday by a domestic court. The warrant was sought due to Yoon's controversial and short-lived decision to impose martial law in early December.

最近的交易量激增恰逢國內法院週二早些時候對韓國總統尹錫烈發出逮捕令。之所以尋求逮捕令，是因為尹在 12 月初做出了有爭議且短暫的實施戒嚴的決定。