XRP Withdrawals Surge on Upbit, Hinting at Accumulation Phase
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XRP is seeing a sharp increase in withdrawals from Upbit, signaling a potential accumulation phase among traders. Data shows that since late 2025, wallets of various sizes have been steadily moving XRP off exchanges, reducing immediate selling pressure in the market.
Historically, similar withdrawal patterns have preceded major rallies. A comparable trend between 2021 and 2023 saw XRP surge from under $1 to above $3. Upbit remains a key hub for XRP trading activity, often reflecting retail sentiment, making the current outflow trend a closely watched signal.