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CryptoMedium•12 November 2026•
1 min read

HYPE Trading Volume on Bithumb Surges to 5.8x Bitcoin Turnover

Key Facts

1HYPE token recorded a 24-hour trading turnover of approximately $220 million on the Bithumb exchange.
2A 10-minute trading burst accounted for 96.7% of Bithumb's total HYPE turnover according to a November 11 snapshot.

HYPE token recorded a 24-hour trading turnover of approximately $220 million on the South Korean exchange Bithumb, exceeding Bitcoin's turnover on the same platform by 5.8 times. Tokenpost reported that a highly concentrated 10-minute trading burst accounted for 96.7% of the total HYPE turnover on the exchange, based on a November 11, 2026, snapshot.

The surge in volume suggests intense short-term speculative activity or institutional positioning following recent exchange listings. In broader economic context, South Korea's unemployment rate was reported at 2.5% on November 10, 2026, performing better than the forecasted 2.8%.