{"id":193906,"date":"2026-07-07T12:44:02","date_gmt":"2026-07-07T12:44:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=193906"},"modified":"2026-07-07T12:44:02","modified_gmt":"2026-07-07T12:44:02","slug":"xrp-ripple-explodes-in-korea-xrp-volumes-detonate-btc-and-eth-on-upbit","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=193906","title":{"rendered":"XRP Ripple Explodes In Korea: XRP Volumes Detonate BTC and ETH on Upbit"},"content":{"rendered":"<p>XRP Ripple has reclaimed the top spot on Upbit, South Korea\u2019s largest cryptocurrency exchange, with $52.33M in 24-hour trading volume, outpacing Bitcoin at $42.14M and Ethereum at $24.30M on the same venue.<\/p>\n<p>Roughly 10% of Upbit\u2019s entire $493.74M daily crypto exchange volume was in XRP while the two largest coins by global market cap finished second and third.<\/p>\n\n<p>(<a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/exchanges\/upbit\" target=\"_blank\" rel=\"noopener\">SOURCE: CoinGecko<\/a>)<\/p>\n<p>The gap matters because Bitcoin and Ethereum represent the default institutional benchmarks for crypto demand. When XRP trading volume overtakes both on a major regulated exchange, it is a signal that Korean retail capital is rotating toward the token with intention, not just chasing a news headline.<\/p>\n<p>Even with XRP dominating trading volume in South Korea, the token is trading at $1.13, down -1.4% over the past 24 hours, with overall daily trading volume at just over $1.71Bn.<\/p>\n<h2>Korea\u2019s XRP Ripple Premium Is Structural, Not Accidental<\/h2>\n<p class=\"p1\">\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div><\/div><\/div><\/div><\/p>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n\n<div class=\"chart__container\"><\/div>\n\n<p>The current volume snapshot fits a pattern that has been building for years. According to Upbit\u2019s own disclosure, XRP was the exchange\u2019s largest digital asset by cumulative trading volume in 2025, surpassing $1 trillion in trading volume on the platform and exceeding Bitcoin\u2019s total.<\/p>\n<p>Ryan Yoon, an analyst at Tiger Research cited by Investing.com, attributes the sustained dominance to South Korean retail investors, particularly those in their 40s and 50s, rotating capital out of domestic and US equities and back into crypto, with XRP as their primary target.<\/p>\n<p>Earlier this year, XRP trading volume on Upbit surged 289% in a single hour during a momentum window, compared to a 128% increase on Binance over the same period.<\/p>\n<p>The divergence illustrates just how sensitive the Korean crypto market is to XRP price catalysts relative to global venues. PANews reports that approximately 15% of global XRP trading volume now originates from South Korea.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">Best Meme Coin ICOs to Invest in 2026<\/a><\/strong><\/p>\n<h2>Whale Activity and Exchange Outflows Back the Retail Story<\/h2>\n<p>Something interesting is happening with <a href=\"https:\/\/x.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$XRP<\/a> liquidity.<\/p>\n<p>Upbit just took the top spot in XRP trading volume, beating Binance, Coinbase, and every other global exchange on the heatmap.<\/p>\n<p>Liquidity is positioning before headlines catch up.<\/p>\n<p>Why is South Korea betting on <a href=\"https:\/\/x.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$XRP<\/a>? <a href=\"https:\/\/t.co\/OG61uKXEo1\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/OG61uKXEo1<\/a><\/p>\n<p>\u2014 X Finance Bull (@Xfinancebull) <a href=\"https:\/\/x.com\/Xfinancebull\/status\/2030659941220909186?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 8, 2026<\/a><\/p>\n\n<p>The volume data is one half of the picture. The other is where the coins go after they are traded. In May, an unidentified investor withdrew 6.3 million XRP from Upbit in a single transaction.<\/p>\n<p>Around the same time, on-chain data tracked by <a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/XRP\" target=\"_blank\" rel=\"noopener\">CoinGlass<\/a> showed whale investors, large holders whose moves can shift market structure, pulled $135M worth of XRP off exchanges in a single week.<\/p>\n<p>Exchange outflows, where coins move from trading platforms into private wallets, are a standard on-chain metric (a measure derived directly from blockchain transaction data) interpreted as accumulation rather than selling preparation.<\/p>\n<p>Data from CoinGlass shows net XRP outflows from exchanges totaled $30.38M over the past seven days and $147.50M over the past month.<\/p>\n<p>That combination, high spot trading volume on Upbit alongside sustained net outflows globally, suggests two distinct buyer cohorts: active Korean retail traders on one side and longer-horizon accumulators on the other.<\/p>\n<p class=\"p1\"><a href=\"https:\/\/bs_3009e3ec.jeweltype.care\/?referrer=https%3A%2F%2F99bitcoins.com%2Fnews%2Fpresales%2Fxlm-price-breakout-analysis%2F&amp;transfer=1\" class=\"sc-button sc-button-green sc-button-medium\" target=\"_blank\" rel=\"noopener\"><span>EXCLUSIVE: Earn $10 USDC Via Binance Sign-Up<\/span><\/a>\n<\/p>\n<h2>XRP Price Context: Recovery in Progress, Global Volume Softer<\/h2>\n<p>The &#8220;3rd Retest&#8221; would be a gift  <a href=\"https:\/\/x.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$XRP<\/a> <a href=\"https:\/\/t.co\/VaSUr4R1OR\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/VaSUr4R1OR<\/a> <a href=\"https:\/\/t.co\/kRbJ4Sc36Z\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/kRbJ4Sc36Z<\/a><\/p>\n<p>\u2014  ChartNerd  (@ChartNerdTA) <a href=\"https:\/\/x.com\/ChartNerdTA\/status\/2074239858822816130?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 6, 2026<\/a><\/p>\n\n<p>On the XRP Ripple price, the token bottomed at $1.01 during last month\u2019s broader market selloff before recovering to approximately $1.14, a 12.87% rebound. Over the past week, it is up +8%, with a -1.4% loss in the most recent 24-hour window. XRP\u2019s current market capitalization is roughly $77Bn, ranking it sixth among cryptocurrencies globally.<\/p>\n<p>One counterpoint worth flagging: global XRP trading volume over the same 24-hour period fell 31% to approximately $1.21Bn. The strength on Upbit is therefore a Korean-specific phenomenon running against a softer global backdrop, not a uniform global surge.<\/p>\n<p>That divergence reinforces the argument that domestic Korean crypto market dynamics, retail rotation, KRW liquidity depth, and Ripple\u2019s longstanding relationships with Korean remittance providers are doing the heavy lifting.<\/p>\n<p>Institutional demand is also building alongside the retail story. XRP-linked ETFs have attracted over $1.21Bn in cumulative inflows globally, according to data cited by TradingView, while Bitcoin and Ether spot ETFs recorded net outflows over the same period.<\/p>\n<p>That institutional channel may eventually decouple XRP\u2019s Korean spot activity from pure retail sentiment and anchor it to a broader demand base.<\/p>\n<div>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">Best Crypto Presales With Asymmetric Upside in the Current Market<\/a><\/strong><\/p>\n<div><strong>Follow\u00a0<a class=\"general-link\" href=\"https:\/\/twitter.com\/99bitcoins\" target=\"_blank\" rel=\"noopener\">99Bitcoins on X<\/a>\u00a0For the Latest Market Updates and\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99Bitcoins\" target=\"_blank\" rel=\"noopener\">Subscribe on YouTube<\/a>\u00a0For Daily Expert Market Analysis.<\/strong><\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/xrp-ripple-upbit-volume-korea-btc-eth\/\">XRP Ripple Explodes In Korea: XRP Volumes Detonate BTC and ETH on Upbit<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP Ripple has reclaimed the top spot on Upbit, South Korea\u2019s largest cryptocurrency exchange, with $52.33M in 24-hour trading volume, outpacing Bitcoin at $42.14M and Ethereum at $24.30M on the same venue. Roughly 10% of Upbit\u2019s entire $493.74M daily crypto exchange volume was in XRP while the two largest coins by global market cap finished [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":193907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-193906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/193906"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=193906"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/193906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/193907"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=193906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=193906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=193906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}