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Upbit Volume Shrinks — Watch ETH, XRP and ADA for Liquidity Risk

I see Upbit's overall trading volume continuing to shrink, with Ethereum, XRP and Cardano now occupying the top three spots by volume. That concentration suggests liquidity is narrowing to a few large-cap tokens.

I believe this increases execution risk and potential volatility on the exchange; top-listed tokens like ETH will remain the most tradable, while XRP and ADA may see larger spreads and price moves when order flow is light.

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Analysis

Falling volume on Upbit concentrates activity in ETH, XRP and ADA, reducing market depth and raising slippage and volatility risk. ETH likely offers the best relative liquidity, but even top coins can...

Recommendation

I’m watching these tokens rather than adding large new positions. Favor smaller sizes, use limit orders to control slippage, and wait for volume stabilization before scaling into trades.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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