Data: Korean investors may be the main driving force behind the rise of XRP, with trading volumes on Upbit and Bithumb reaching 3.8 billion and 1.2 billion USD respectively

ChainCatcher news, Scopescan stated on X that Korean investors may be the main driving force behind the rise in XRP prices.

Data shows that the 24-hour spot trading volume of XRP/KRW on Upbit reached $3.8 billion, which is 11 times its BTC trading volume, surpassing Binance's XRP spot trading volume; the 24-hour spot trading volume of XRP/KRW on Bithumb reached $1.2 billion, accounting for 32% of its total trading volume.