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[Daily Trading Volume of South Korea's Top 5 Exchanges Plummets 88% Year-on-Year, Small and Medium Exchanges Sell Assets to Sustain Operations] According to ZDNet Korea, as of July 20, the daily trading volume of South Korea's top 5 native cryptocurrency exchanges was approximately 412.7 billion KRW, a year-on-year decrease of 88%. The global cryptocurrency market capitalization has dropped 41% year-on-year to around $2.32 trillion. Affected by market conditions, Upbit, under Dunamu, saw its Q1 revenue and operating profit decline by 55% and 78% year-on-year, respectively. To sustain operations, Korbit recently sold 15 BTC and 60 ETH, cashing out approximately 1.6 billion KRW.