$XRP 24-hour trading volume across major Korean exchanges reached $1.2 billion, exceeding previous records $BTC and $ETH Locally, it makes a big difference. Bithumb and Upbit activity shows: $XRP It generated $1.2 billion in trading volume in 24 hours, with Tether coming in a distant second with $254.35 million.
In terms of 24-hour trading volume, Ethereum was second with $304.41 million, and Bitcoin was third with nearly $285 million, according to data from Bithumb and Upbit. Local media reports. $XRP Rising faster than Bitcoin $ETH This comes after investors panic-buying after the cryptocurrency market crashed earlier this month. Data from the country’s largest exchange reveals that domestic traders consistently prioritize $XRP Speed and liquidity are valued when the market heats up.
Upbit will reach a record of over $1 trillion in 2025 $XRP trading volume
Dunamu is the operator of previously listed Upbit. $XRP It will surpass Bitcoin as the most traded asset on the platform in 2025. $ETH. up bit processed over $1 trillion $XRP Trading volume surpassed Bitcoin and Ethereum, making it the most traded crypto asset in the country that year.
The Upbit team says: $XRP It occupies a “sweet spot” for Korean investors as it exhibits enough volatility to generate large profits in the short term while maintaining enough liquidity for traders to exit positions quickly.
Upbit also reported $XRP The number of users reached 13.26 million and sometimes accounted for up to 22% of daily local transactions. Exchange activities account Accounts for approximately 70% of South Korea’s virtual currency market, $XRP dominate It is local in terms of volume, liquidity and usage.
On the other hand, Upbit reviews also rank in the rankings. $XRP/KRW has been the top trading pair for most of 2025. CoinGlass data confirms this pattern, $XRPUpbit’s /KRW market soared 156% in one hour. Other major exchanges such as Gate, Bybit, Coinbase, and OKX also saw notable spikes in the hour. $XRP Trading volume. Amounts range from $1.4 million to $3.12 million.
Meanwhile, Upbit also revealed: $XRPDaily trading volume in South Korea regularly exceeds $95 million, repeatedly exceeding Bitcoin’s 24-hour trading volume. This flow is driven by engagement with local retailers, creating a deep self-reinforcing liquidity pool.
$XRPprice fell 4.5% in 24 hours after a short-term rise of 38%
$XRP There is a price dropped It rose 4.5% in the past 24 hours to $1.46, a sharp turnaround from its brief 38% rise from February 6th to February 15th to $1.55. This performance significantly outpaces Bitcoin and Ethereum, which have pushed the digital assets up about 15% since February 6. $BTC and $ETH They are currently trading at $68,263 and $1,957, respectively. $BTC down 3% in the last 24 hours. $ETH It plunged 6.4% during the same period.
On the other hand, CryptoQuant data is available from Binance. $XRP Reserves decreased by 192.37 million units from February 7th to February 9th, to approximately 2.55 billion units. The 7% decline was the lowest level since 2024, but reserves have remained stable since then. $XRPBitcoin’s rally is tracking signs of bullish buying on Binance after the February 6th crash.
On the other hand, market analysts usually associate the decline in exchange balances with investor accumulation. The logic is that if investors want to hold their tokens for the long term, they would prefer to store them directly rather than keeping them on an exchange. Historical trends support this view.
