CandleFocus XRP Bulls in Action? Korean Exchange Sees Stunning Outflows
2025-01-12
Author: Content Editor
A transfer of 24 million XRP, worth around $60.63 million, from Upbit's wallet to an unknown address, has sparked speculation about the future of the popular cryptocurrency. Such transfers are common among major players in the crypto industry, so it is possible that the wallet belongs to Upbit itself. The timing of the transfer is interesting, as XRP's price has recently surged by over 10%, attracting attention from investors. South Korea has been a significant market for XRP, and the recent outflow has raised questions about potential market developments in the region. However, it is important not to draw conclusions prematurely and to closely monitor the situation for further information.
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