BlockBeats News, November 15th, Upbit released the announcement "Information on Preventive Measures for the Aggravation of Virtual Asset Market Volatility," stating that recently, the volatility of various digital assets, including Bitcoin, has significantly increased, leading to concerns about investment overheating.
Therefore, users are reminded to be particularly cautious when trading short-term or overheated tokens at abnormal high levels. Especially for digital assets with large price spreads on domestic and foreign exchanges, due to the entry and exit of virtual assets for the purpose of profiting from market prices, volatility may rapidly increase.
It is recommended that members, before trading, use the market alert system operated by various domestic exchanges to check for alert stocks and cautionary token information.