Exchanges· ★★★· neutral·

XRP Reserves Shift From Binance to Korean Exchanges

  • —Binance XRP reserves fell 101 million tokens in 16 days to 2.604 billion
  • —Upbit added 60 million XRP, Bithumb 30 million, for a combined 90 million
  • —Binance's share of XRP withdrawal transactions rose from 52% to 54%
  • —Upbit and Bithumb now hold about 76% of the three exchanges' XRP reserves
Why it matters: The shift from Binance to Korean venues may signal a change in regional demand, though it does not confirm selling or accumulation.
#XRP
Source: Cryptonews.net
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