News View Non-AMP

XRP Responsible for 11.3% of Upbit’s Massive $3.59 Billion Daily Volume, Outperforms BTC and ETH

Published by
Nidhi Kolhapur

The cryptocurrency market remained relatively calm on the weekend. Bitcoin attempted to climb above the $105,000 levels, but it failed and is now trading slightly above the $104,000 mark. As altcoins try to outperform Bitcoin, XRP is busy making headlines in Asia. According to reports, XRP emerged as a top performer on South Korea’s largest exchange, Upbit. 

XRP Tops Upbit Outpacing BTC, ETH

XRP became the top-most traded crypto on Upbit, as it pulled in a massive 11.3% share of the $3.59 billion in the last 24 hours. Interestingly, this is more than Bitcoin and Ethereum’s share combined. Analysts believe this could be the start of an XRP liquidity takeover.

Additionally, on Sunday, a whale bought 11 million XRP from Upbit. This has left the community wondering if a major price surge is next or if big news could be coming soon. Also, there has been increased activity related to XRP in recent months on Upbit.

Some believe that the whale could be expecting a bullish trend for XRP over its legal victories or growing adoption.

880 Million Tokens Accumulated In Past Month

Data from Santiment reveals that whales have accumulated over 880 million tokens in the past month, which shows growing confidence in XRP’s growth. XRP hit a seven-week high of $2.4712, fueled by rumors that BlackRock could be filing for an XRP ETF soon. However, BlackRock has remained silent on whether XRP was discussed in its recent meeting with the SEC

XRP is currently trading at $2.39, up 10% in the past week. Analyst Ali Martinez believes that if XRP follows a symmetrical triangle pattern, it could shoot up to $15. This pattern shows that XRP is currently consolidating, and if it breaks out, the price could rise. 

Analyst Dark Defender believes that XRP is in Wave 5, which is the final, big push of this cycle and could take it to $5.85 to $6.39 with some ups and downs in the way. He notes that the weekly RSI is also turning bullish, adding more support to this outlook.

FAQs

What caused XRP’s recent price surge?

XRP hit $2.47, up 10% in a week, fueled by 880M tokens accumulated by whales, legal victories, and potential BlackRock XRP ETF filing.

Is XRP in a bullish trend?

XRP’s weekly RSI is bullish, and analyst Dark Defender predicts a Wave 5 push to $5.85-$6.39, supported by consolidation and whale activity.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Pi Network Founder Slammed as ‘Scammer’ for Defending Price Crash; He Responds

The cryptocurrency market has been struggling lately, and Pi Network is no exception. The price…

June 23, 2025

Fact Check: Is the Ripple vs. SEC Case Being Delayed Till 2026?

A fresh rumor has been making rounds on social media about the Ripple vs. SEC…

June 23, 2025

Pi Network Price Crashes 11%, Inches Closer to All-Time Low Below $0.40

The crypto market took a sharp dive after the U.S. President Donald Trump ordered surprise…

June 22, 2025

Emerging Top Pepe Coin of 2025 – Neo Pepe Coin Surges Ahead Outperforming PEPE in Early Metrics

Setting New Standard for Meme Coins Neo Pepe’s presale has skyrocketed to over $2 million,…

June 22, 2025

XRP Price Prediction Today As It Crashes 10% Below $2

The cryptocurrency market continues to struggle, and XRP has taken a brutal hit. In the…

June 22, 2025

Crypto Bloodbath: $1 Billion Liquidated, Bitcoin Price Crashes Below $100K

The cryptocurrency market faced a heavy blow in the past 24 hours as Bitcoin's price…

June 22, 2025