LocalBitcoins reports an increase in transactions from South Korea on the platform of the project; such activity apparently also occurs on other exchanges. Due to the increased volume, the Korean Won has become the third most popular fiat currency, which is used to buy crypto.
Coindance data shows that the weekly volume on the P2P trading platform reached over $183,500 (217.5 million won), and on May 25, the total amount of transactions was even higher — the sales of bitcoins amounted to $186,000 (220 million won) . According to preliminary calculations, the volume has steadily increased since the beginning of May, when the current bullish rally started.
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