Tezos Price Spikes 7.5% as Trading Volume Surges in South Korea
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Tezos (XTZ) price jumped 7.5% overnight, passing most other cryptos which declined.
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Price spike likely due to increased trading volume on South Korean exchanges and liquidations.
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24-hour XTZ trading volume reached $122.8 million, far above 30-day average.
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Validators on Tezos network called "bakers" play key governance role.
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Liquidations of XTZ futures contracts hit nearly $500,000, a 3-month high.