Kaiko: South Korea accounts for 30% of global cryptocurrency trading volume, and a staggering 85% of its altcoins.

CoinFeed reported on April 15th that, according to Kaiko data, South Korea accounts for 30% of global cryptocurrency trading volume, with altcoins making up 85% of that volume, Bitcoin only 9%, and Ethereum 6%. On the other hand, Japanese yen-denominated trading remains stable at $2-3 billion per month, distributed across four exchanges, far below South Korea's average weekly trading volume of $26 billion, but its Bitcoin market depth is 3 to 5 times that of South Korea.