Upbit opened won trading on KAIA and Korea did the rest — up 58% in a day.
Binance KAIA/USDT: +58% over 24h on 34.8M USDT of volume, low 0.0373 to high 0.0680. ETHNews counted 359.6M KAIA traded on that pair against a 43M 20-day average — roughly 8x normal.
Upbit opened KAIA against KRW, BTC and USDT at 18:30 KST on Oct 9. A won listing lifts the Korean price above the global one, and arbitrage desks buy offshore to sell into that gap — the buying lands on Binance.
It rejected 0.0680 and is holding near 0.059. Asia's alt bid is broad this morning, not one coin: $KAIA leads, $ADA +5.7% on 29.9M USDT, $APT +10.6% on 18M USDT — while BTC sits at +1%. That 0.0680 rejection is the level traders are watching.
Korea, Japan, Taiwan — chasing the Upbit listing, or rotating into the alts that have not moved yet?
#Write2Earn #암호화폐 #仮想通貨 #山寨币
Not financial advice. DYOR.
Binance KAIA/USDT: +58% over 24h on 34.8M USDT of volume, low 0.0373 to high 0.0680. ETHNews counted 359.6M KAIA traded on that pair against a 43M 20-day average — roughly 8x normal.
Upbit opened KAIA against KRW, BTC and USDT at 18:30 KST on Oct 9. A won listing lifts the Korean price above the global one, and arbitrage desks buy offshore to sell into that gap — the buying lands on Binance.
It rejected 0.0680 and is holding near 0.059. Asia's alt bid is broad this morning, not one coin: $KAIA leads, $ADA +5.7% on 29.9M USDT, $APT +10.6% on 18M USDT — while BTC sits at +1%. That 0.0680 rejection is the level traders are watching.
Korea, Japan, Taiwan — chasing the Upbit listing, or rotating into the alts that have not moved yet?
#Write2Earn #암호화폐 #仮想通貨 #山寨币
Not financial advice. DYOR.