Summary
- The recent rise of Ripple (XRP) is attributed to the leadership of Korean investors.
- On Upbit, the trading volume of Ripple is reported to be 11 times that of Coinone.
- On Bithumb, Ripple accounts for 32% of the total trading volume, indicating active trading.
The rise of Ripple (XRP) is reportedly led by Koreans.
On the 2nd (local time), the blockchain analysis company Skoposcan stated through X that "the recent rise of Ripple is likely led by Koreans," adding that "the trading volume of Ripple on Upbit over the past 24 hours was 3.8 billion dollars." It further stated, "This is 11 times the trading volume of Coinone," and that "the trading volume of Ripple on Binance was also significant."
It was also reported that "the trading volume of Ripple on Bithumb was recorded at 1.2 billion dollars," adding that "it accounted for 32% of the total Ripple trading volume."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
