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Deep Tide TechFlow News, April 15th, according to data from the crypto data agency Kaiko (@KaikoData), South Korea accounts for 30% of the global cryptocurrency trading volume, with altcoins making up as much as 85%, Bitcoin only 9%, and Ethereum 6%, with a weekly average trading volume of about $26 billion. In comparison, Japan's yen-denominated monthly trading volume remains between $2 billion and $3 billion across four exchanges, far smaller than South Korea, but its Bitcoin market depth is 3 to 5 times that of South Korea, indicating higher liquidity quality in the Japanese market.