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MORPHO Whale Transactions Hit Multi-Month High as Upbit Opens KRW Trading Saturday

Capital Flow Price Volatility

2026-07-27 07:06:14

According to Santiment, South Korean traders pushed Morpho (MORPHO) whale transactions to the highest daily count since October 2, 2025, on Saturday (July 26) following Upbit's launch of a won trading pair. The exchange recorded 68 whale transactions above $100,000, alongside 337 new MORPHO wallet addresses created and 4.35 million MORPHO withdrawn from platforms—the largest single-day outflow since February 4, 2026. MORPHO surged from $1.93 to an intraday high of $2.17, with daily volume climbing close to $71 million, according to CoinGecko. Activity has since cooled; the token now trades near $1.99 with daily volume around $22 million.

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