Upbit, South Korea's largest crypto exchange, saw 24h volume surge about 250% to roughly $1.8B, its biggest day since mid-March, as local capital rotates back into crypto during the Bitcoin rally.

XRP was the most-traded asset with $418.9M, ahead of BTC, USDT and ETH. Rival Bithumb, the country's second-largest exchange, saw volume climb 132.9% to $934.9M, so the surge is market-wide, not Upbit-specific.

The rotation reverses a quiet stretch: through early 2026's crypto downturn, Korean attention and capital chased the KOSPI to record highs on the Samsung and SK Hynix AI-memory boom. With Bitcoin ripping, that money is circling back onto local exchanges.

For Korea, one of crypto's most active retail markets, a 250% single-day jump is a strong signal that domestic risk appetite is swinging back toward digital assets.

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