Bithumb's cumulative sales in the third quarter decreased by 63.7% year-on-year

ChainCatcher news, South Korean cryptocurrency exchange Bithumb announced its third-quarter performance, with sales of 69 billion won (approximately 52.23 million USD), a decrease of 13.7% compared to the previous quarter's sales of about 80 billion won (approximately 60.56 million USD). The operating profit for the third quarter was 28.8 billion won (approximately 21.8 million USD), and the net profit was 32.6 billion won (approximately 24.68 million USD).

As of the third quarter, the cumulative sales amounted to 273.7 billion won, a decrease of 63.7% compared to 753.7 billion won in the same period last year, with a cumulative operating profit of 151.7 billion won, down 76.2% from 637.7 billion won in the same period last year. (Source link)