Upbit Fund Outflow: As Ripple's banking business heats up, 10 million XRP triggers a new wave of share increase
Source: CoinWorld
Time: 2025-09-16 14:46:05
South Korean “Whale” shifted $31.8 million worth of $10 million XRP from Upbit to a private wallet, indicating a strong momentum for Ripple’s holdings amid growing interest in institutional investors. Market analysts believe the move is positive, highlighting South Korea's huge influence in XRP trading and potential supply tightening effects. In addition, Ripple’s ecosystem – which combines enterprise technology, Interledger protocol and XRP’s liquidity – is seen as the ideal solution for the future global banking industry, capable of providing real-time, low-cost cross-border payments.