[Trading Volume of South Korea's Top 5 Exchanges Drops 54.6% in the First Half of the Year, Market Share Concentrates at the Top] According to NexBlock, the cumulative trading volume of South Korea's top five exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—reached approximately $366.58 billion in the first half of this year, a year-on-year decrease of 54.6%. From July 1 to July 27, the cumulative trading volume of the five exchanges was approximately 17.34 trillion KRW, down 16.9% compared to the same period last month. Among them, Upbit's trading volume was approximately 11.69 trillion KRW, with its market share rising from 62.3% to 67.4%; Bithumb's trading volume fell to 4.71 trillion KRW, with its market share dropping from 30.7% to 27.1%.