XRP spot volume surpasses Bitcoin and Ethereum on South Korea’s Upbit
Published Updated 2 new reports since it was first published
XRP’s spot trading in South Korea was reported above Bitcoin and Ethereum on Upbit, with one report putting its South Korean won volume at about $145.6 million on October 15. Another report said XRP’s spot volume on a major South Korean exchange was over $145 million, while Bitcoin and Ethereum were below that level.
What this rests on
What it means
People trading on Upbit in South Korea would see XRP as the largest spot market in the set named here, while Bitcoin and Ethereum were lower on the same day. That matters most for users and traders watching local exchange flow, because the numbers place XRP ahead of the two larger assets in that venue on October 15.
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How the story was built
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 4 days ago | Bitwise’s BITB draws $2.2 million as US Bitcoin ETFs shed $261 million event | 2 actors in common · 3 news media |
| 4 days ago | US XRP And ZEC Spot ETFs Draw $4.42 Million In Net Inflows event | 2 actors in common · 2 news media |
| 5 days ago | Crypto Liquidations Near $1 Billion as Longs Take the Majority of Losses event | 2 actors in common · 3 news media |
| 5 days ago | US Inflation Shock Sends Crypto Stocks Lower as Market Fears Grow event | 2 actors in common · 6 news media |
| 5 days ago | Bitcoin Price Forecast: Hot US Inflation Threatens BTC Drop Below $80K event | 2 actors in common · 2 news media |