#24 million XRP transferred out of Upbit#
Hot Topic Overview
Overview
Whale Alert has monitored the transfer of 24 million XRP (approximately $60.63 million) from the South Korean exchange Upbit to an unknown wallet. The purpose of this massive XRP transfer remains unclear, sparking speculation in the market.
Ace Hot Topic Analysis
Analysis
Recently, cryptocurrency exchange Upbit experienced a massive XRP transfer of 24 million XRP, worth approximately $60.63 million, to an unknown wallet address. This event has attracted market attention, and the specific reason for this massive transfer is still unclear. Some analysts speculate that this could be an internal operation of Upbit or a user withdrawal, or it could be related to transactions between other exchanges or institutions. Due to the lack of further information, it is currently impossible to determine the specific purpose and impact of this transfer.
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Public Sentiment
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Classic Views
24 million XRP
from Upbit exchange
transfer out
transfer amount is about 60.63 million USD
transfer to unknown wallet address
event monitored by Whale Alert