As of 12:30 PM on the 5th, the domestic cryptocurrency market showed a mixed trend with buying pressure concentrated on some assets. Major exchanges saw supply and demand focused on stablecoins and major altcoins, with significant differences in top rising and falling cryptocurrencies.
USDT topped the net buying list. High buying interest was confirmed on both Upbit and Bithumb exchanges, showing a clear tendency towards cash-like assets. This is interpreted as investors seeking more stable asset classes amid ongoing market uncertainty. Additionally, BTC and ETH recorded top net buying positions on some exchanges, reinforcing a conservative movement.
Wallabi (LWA) stood out particularly in terms of price increase. LWA traded on Bithumb recorded a notable price surge, which is interpreted as short-term thematic fund inflow or expectation driven by specific events. PRIME and Aero (AERO) also showed upward trends, primarily on Coinone and other exchanges.
Meanwhile, Non-Fungible Token (NFT) was included in the top falling cryptocurrencies. NFT traded on Bithumb showed a significant drop within a day, with a similar trend on Coinone, suggesting investor sentiment has contracted. This is interpreted as a temporary pause in investment confidence in the NFT sector.
In terms of trading volume, interest in BTC and XRP continued. BTC ranked first in trading volume, centered on Upbit, while XRP also recorded high trading activity, forming a liquidity axis in the market. POKT and ME maintained top positions, reflecting the current thematic trading trend. On Bithumb, USDT entered the top trading volume, clearly showing a defensive investment flow.
According to Bonanza Lab data, preference for stablecoins is increasing in the current market, interpreted as a defensive strategy against short-term uncertainty. Due to high volatility between rising and falling assets, portfolio diversification and conservative management seem more desirable at this point rather than excessive chasing.
| Cryptocurrency | Price | Rate of Change | Exchange |
|---|---|---|---|
| Wallabi (LWA) | 29.12 | Up 23.7% | Bithumb |
| PRIME | 3960.0 | Up 24.5% | Coinone |
| AERO | 715.6 | Up 20.8% | Cobit |
| VOLT | 0.00040 | Up 33.3% | Coinone |
| Wallabi (LWA) | 29.4 | Up 33.6% | Coinone |
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