Upbit Madness Sends XRP Volume To $1.55B As Traders Dump Positions

Upbit Madness Sends XRP Volume To $1.55B As Traders Dump Positions
Table of Contents

TL;DR

  • XRP trading activity on South Korea’s Upbit surged to $1.55B in cumulative seven-day volume, overtaking several global exchanges and signaling intense position rotation.
  • Despite the heavy flow, XRP trades at $1.91, posting a modest 0.15% decline over the last 24 hours, which points to contained selling pressure.
  • The episode reinforces Asia’s influence on crypto liquidity, highlighting how regional demand can steer short-term market behavior.

XRP returned to the spotlight after a sharp surge in trading activity on Upbit, South Korea’s largest crypto exchange. The $1.55B traded over the past seven days signals a phase of aggressive repositioning, even as price action remains relatively stable.

Upbit Emerges As A Central Hub For XRP Liquidity

Recent data place Upbit at the center of global XRP trading, with volumes surpassing those of several major international platforms. South Korea has long played an outsized role in XRP markets, and the latest spike confirms that local traders continue to shape liquidity conditions beyond regional borders.

At the same time, XRP holds near $1.91, with a 0.15% dip over the last 24 hours. High volume paired with limited price movement often reflects distribution and accumulation occurring simultaneously. Short-term traders appear to be trimming exposure, while new participants step in, absorbing supply without forcing sharp declines. Similar patterns on Upbit in previous cycles preceded broader liquidity expansion across Asian and offshore exchanges.

XRP Market Rotation And Short-Term Signals

The current surge suggests position dumping rather than disorderly selling. On-chain indicators show a moderate increase in exchange inflows, but not at levels associated with panic-driven exits. This points to deliberate trading strategies, rather than a loss of confidence in the asset.

XRP trades at $1.91, posting a modest 0.15% decline over the last 24 hours

From a technical perspective, XRP continues to trade within established ranges and defends support levels formed earlier in the quarter. That stability, combined with persistent interest in XRP-linked investment products, helps explain why heavy turnover has not translated into steeper losses. A pro-crypto reading frames this as a sign of market maturity, where liquidity depth allows large volumes to clear efficiently.

The burst of XRP volume on Upbit reflects more than short-lived speculation. With $1.55B traded in seven days and price holding at $1.91, the market shows resilience amid active position rotation. If similar liquidity patterns emerge across other regions, XRP may extend this consolidation phase with a stronger base and wider global participation, setting the stage for its next directional move.

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