According to data from CoinMarketCap, South Korean exchanges Upbit, Bithumb, Coinone, Korbit and Gopax recorded a combined crypto trading volume of $34.2 billion in the 24 hours leading up to 10:30 a.m. in local time on Wednesday. Upbit, South Korea’s largest exchange, processed $27.25 billion worth of crypto alone.

The 24-hour trading volume nearly doubled the $18 billion recorded on Dec. 2, which had already made headlines for surpassing the daily volume of the local stock market. According to local crypto news outlet Digital Asset, Tuesday’s trade volume recorded the highest single-day total this year.