XRP News Today: Upbit's XRP Sales Linked to Price Reversal Amid 35M Token Draw-Down
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最新报道：Analyst "Dom" highlighted Upbit's potential impact on XRP pricing through on-chain data, observing reduced selling pressure aligning with price reversals. The South Korean exchange processed 35 million XRP withdrawals and accounted for 24% of XRP/KRW trading volume, surpassing major pairs like ETH and BTC. Historically, Upbit dominated XRP trading with $110.2 billion monthly volume, driven by strong retail demand in South Korea. Though causality isn't confirmed, liquidity providers acknowledge regional exchanges like Upbit can influence asset prices despite limited global market share.
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