According to @lookonchain, trading volume for PENGU on Upbit has surged, now surpassing DOGE's trading volume on the platform. Despite this spike in activity, PENGU's market capitalization remains less than one thirteenth of DOGE's. The data indicates that Korean traders are actively accumulating PENGU, which could signal growing interest and potential for volatility or price action in the near term. Source: @lookonchain.

According to @lookonchain, the trading volume of PENGU ($PENGU) on Upbit has soared, surpassing the trading volume of Dogecoin ($DOGE) on the same Korean exchange. Despite the surge in trading activity, PENGU's market capitalization remains less than one-thirteenth of DOGE's. The report highlights that Korean investors are actively accumulating PENGU, suggesting growing local demand and increased liquidity, which could influence short-term trading opportunities and volatility for $PENGU. Source: @lookonchain.

According to @lookonchain, Korean traders have significantly increased their accumulation of $PENGU, as evidenced by a net inflow of 86.27 million $PENGU (valued at $3.57 million) into Upbit within the past 24 hours, and a remarkable 7-day net inflow totaling 309 million $PENGU ($12.8 million). This sustained buying pressure on Upbit highlights strong local demand and could influence $PENGU's short-term price momentum and liquidity on Korean exchanges. Source: @lookonchain.

According to @lookonchain, three wallets associated with South Korean exchanges Bithumb and Upbit have significantly increased their holdings of PENGU. On-chain data reveals these wallets accumulated 945 million PENGU, valued at $32 million, within the past week alone. Their total holdings have now reached 2.92 billion PENGU, worth approximately $96.73 million, which constitutes 3.8% of the token's total supply. This large-scale accumulation from a specific geographic market could be a bullish indicator for traders, suggesting strong buying interest and potential for price appreciation.

According to Gracie Lin, Bitcoin (BTC) rebounded to $107,600 with strong support, driven by fading Middle East tensions and institutional buying like ProCap's $386 million BTC purchase. She stated that upcoming US GDP and unemployment data could fuel further gains if weak, acting as a hedge against traditional market weakness, with volatility expected from bitcoin futures expirations on June 27. QCP Capital highlighted a broader risk-on rally lifting crypto and stocks but warned of lingering geopolitical risks from NATO-Russia tensions. Bradley Park noted that Korean exchanges prioritize community engagement over capital for token listings, citing NEWT's organic momentum, but cautioned against short-term liquidity strategies without trust-building.

According to Gracie Lin, Bitcoin (BTC) rebounded sharply to over $107,000 following a Middle East ceasefire, driven by institutional buying and fading geopolitical risks. Lin warned that US GDP data and bitcoin futures expiration could introduce volatility. Bradley Park emphasized that successful crypto listings on Korean exchanges like Upbit depend on authentic community engagement rather than liquidity-focused strategies.

According to Gracie Lin, CEO of OKX Singapore, Bitcoin (BTC) rebounded above $107,000 due to fading Middle East tensions and $514 million in institutional buying, with potential volatility from upcoming US GDP and unemployment data. QCP Capital noted a shift to risk-on sentiment across markets, boosting crypto and equities, while cautioning on lingering geopolitical risks. Bradley Park of DNTV Research highlighted that Korean exchange listings, such as Upbit, succeed through authentic community engagement rather than capital-focused strategies, as seen in projects like NEWT.