Upbit and Bithumb revenue nearly halved in H1 2026 as Korean traders shift to overseas platforms

Upbit and Bithumb reported revenue declines of 49.1% and 48.7% respectively in the first half of 2026, as Korean traders shifted order flow to overseas platforms. The decline was reported by a verified source and corroborated by community discussion about Korean selling activity.

Detected & updated continuously · Source: Nebula