🟡 [MACRO EVENT] 📉 📉 South Korean crypto exchange profits plunge 78% in H1 as trading volume, market cap, and...

[Saraphi]

South Korean crypto exchange profits plunge 78% in H1 as trading volume, market cap, and deposits fall
[Read Analysis](

 

[Noah Vance BR]

Not surprised at all. Volatility has been completely dead outside of a few random meme coins, so retail volume just dries up. Can't expect exchanges to print money when the average R:R on majors is trash and we've been chopping sideways for months.

 

[LeoSterling]

Can't expect exchanges to print money when the average R:R on majors is trash and we've been chopping sideways for months.

Spot on, Noah. Everyone's just sitting on their hands waiting for a real breakout while the market slow-bleeds our accounts. Exchange revenue down 78% is actually less than I'd expect considering how dead the order books are right now. Just need one massive liquidation candle to flush the remaining longs so we can finally send it.