Exchanges· ★★★· neutral·

XRP Outtrades Bitcoin and Ether on South Korea's Upbit

  • —XRP volume on Upbit reached $145.6 million on Oct. 15, versus $126.5 million for BTC
  • —On Oct. 16 XRP held the lead with $108.3 million against $95.3 million for BTC
  • —Kimchi premium was minimal, with Upbit and Binance prices roughly 0.3% apart
  • —South Korea's FIU blocked 27 offshore exchanges, steering traders to Upbit
Why it matters: Heavy XRP volume on a falling price could signal accumulation or capitulation, a key read on Asian demand.
#XRP#BTC#ETH
Source: Bitcoin.com
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