#24 million XRP flowed out of Upbit#
Hot Topic Overview
Overview
Whale Alert has monitored the transfer of 24 million XRP (approximately $60.63 million) from South Korean exchange Upbit to an unknown wallet. The recipient of the transfer remains unclear. The massive scale of this transaction has drawn market attention, with many speculating it could be an internal exchange operation or a large user withdrawal.
Ace Hot Topic Analysis
Analysis
Whale Alert has tracked the transfer of 24 million XRP (approximately $60.63 million) from the South Korean exchange Upbit to an unknown wallet. This massive transfer has sparked market attention, with the destination of the funds and any official explanation yet unknown. Some analysts speculate that this could be an internal funds movement by Upbit or a large withdrawal by a user, but the specific reason remains to be confirmed. The incident also serves as a reminder for investors to pay attention to the security of exchange funds and exercise caution regarding large capital flows.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
24 million XRP
from Upbit exchange
outflow amount is about 60.63 million USD
outflow destination is unknown wallet
event monitored by Whale Alert