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2025-08-14 09:01:34

South Korea Is Flipping the Switch on XRP: Details

Crypto enthusiast X Finance Bull has recently reported a significant XRP transaction on the South Korean exchange Upbit . In his post, he wrote, “I told you South Korea would flip the switch on XRP. A single whale just dropped $61M in one transaction — 19 MILLION XRP from Upbit. This isn’t retail… this is deep-pocket conviction. Still think you have time?” His remarks framed the move as a deliberate allocation by a large-scale holder, suggesting it reflects strong confidence in XRP rather than short-term trading activity. BOOM! I told you South Korea would flip the switch on $XRP A single whale just dropped $61M in one transaction 19 MILLION XRP from Upbit. This isn’t retail… this is deep-pocket conviction. Still think you have time? pic.twitter.com/CQuXN1e8vA — X Finance Bull (@Xfinancebull) August 13, 2025 Transaction Details Confirm 19 Million XRP Outflow The tweet was accompanied by a ledger screenshot showing the specifics of the transfer. The transaction summary lists “Upbit (22)” as the sending account and a receiving address beginning with r325zs5zuduw. The amount delivered was recorded at 19,000,000 XRP, with a network fee of 0.01 XRP. The estimated value of the 19 million XRP is approximately $61 million, based on current market pricing. Community Reaction Emphasizes Institutional-Scale Confidence Several responses to the post supported the interpretation of the transaction as institutional-level activity. X user ArmyGoo589 wrote , “Incredible, Incredible! That’s deep pocket confidence right there. This kind of Moves shows XRP is gaining serious traction. ARMY stays united and ready for whatever comes next.” Another user added , “When South Korea moves, it’s never small retail noise it’s institutional precision. A $61M whale transfer isn’t ‘testing the waters,’ it’s loading the torpedoes. 19M XRP leaving Upbit is deep-pocket conviction that the rails are already being greased…” These comments echoed X Finance Bull’s view that the size and source of the transaction point to a calculated move rather than random exchange withdrawals. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Effect on XRP Market Activity The emphasis on South Korea in the post reflects the country’s importance as a high-volume trading hub for XRP. Upbit , being one of the largest cryptocurrency exchanges in the region, significant outflows from the platform are often closely monitored by traders and analysts. X Finance Bull’s framing of this 19 million XRP transfer suggests that he views it as a sign of positioning ahead of potential market developments, rather than as an isolated incident. The combination of the transaction’s scale, the originating exchange, and the associated commentary from the community reinforces a perception that substantial market participants are becoming increasingly active in XRP. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post South Korea Is Flipping the Switch on XRP: Details appeared first on Times Tabloid .

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