Upbit Outflow: 10M XRP Triggers Fresh Accumulation Surge as Ripple’s Bank Play Heats Up

Korean Whales Scoop Up 10M XRP in Latest Accumulation Move According to market analyst Xaif Crypto, a massive transfer of 10,000,000 XRP, worth approximately $31. 8 million , was recorded moving to an unknown wallet, sparking renewed attention from the XRP community.

The transaction, which originated from South Korea’s Upbit exchange, adds weight to growing speculation that Korean whales are playing an outsized role in the asset’s accumulation trend. South Korea has long been a hotbed for XRP trading activity, often accounting for a disproportionate share of its global volume.

Upbit, the country’s largest exchange, consistently ranks among the top platforms by XRP liquidity. The latest 10M XRP outflow signals whales shifting holdings into private custody, a classic bullish indicator.

Xaif Crypto notes that Korean whales are signaling strong confidence in XRP’s long-term value. With Ripple gaining regulatory clarity worldwide and institutional interest accelerating, these whales appear to be positioning ahead of potential price surges.

By pulling tokens off exchanges, they shrink available liquidity, setting the stage where even modest demand could ignite significant upward pressure. Market sentiment remains mixed in the short term, as XRP recently battled resistance around the $3.

10 level before slipping back. Yet, whale activity like this latest $31.

8 million transfer suggests that deeper-pocketed investors are not shaken by minor fluctuations. Instead, they continue to treat dips and consolidations as opportunities to strengthen their positions.

For retail traders and institutional observers alike, the key takeaway is clear that XRP remains firmly on the radar of large Korean investors. As these whales continue to accumulate and lock away significant amounts of the asset, the stage could be set for a supply squeeze that amplifies any future demand surge.

Ripple, ILP, and XRP: The Elegant End-State for Global Banking According to renowned crypto observer SMQKE, the most elegant end-state for banks lies in Ripple’s solution, a system where Ripple’s enterprise technology, the Interledger Protocol (ILP), and XRP work seamlessly together. This vision, if realized, could redefine the very foundation of global payments.

At the heart of this solution is Ripple’s enterprise payment technology, designed to modernize the outdated financial infrastructure that still relies heavily on SWIFT messaging and fragmented settlement systems. Ripple provides a real-time, low-cost, and highly scalable framework for cross-border payments, offering banks a streamlined alternative to legacy rails.

Layered into this system is ILP (Interledger Protocol), an open-source standard that enables interoperability across different payment networks. ILP acts as a bridge, allowing value to move freely between disparate ledgers, whether they are bank accounts, mobile money platforms, or digital wallets.

By creating a universal payments “language,” ILP eliminates silos, making the financial system more fluid and efficient. Completing the triad is XRP, Ripple’s digital asset that provides on-demand liquidity.

Unlike traditional correspondent banking, which locks up capital in nostro/vostro accounts across the globe, XRP enables banks and payment providers to settle transactions in seconds without pre-funded accounts. This drastically cuts costs, improves efficiency, and frees up trapped capital.

According to SMQKE, the synergy of Ripple’s enterprise infrastructure, ILP’s interoperability, and XRP’s liquidity delivers the ‘elegant end-state’ banks seek, where Ripple manages compliance, ILP enables universal connectivity, and XRP ensures seamless settlement. Conclusion Ripple’s ecosystem, RippleNet, ILP, and XRP, goes beyond a tech upgrade; it’s a blueprint for the future of banking.

By fusing interoperability, instant settlement, and on-demand liquidity, this model delivers faster, cheaper, and more inclusive global payments. Meanwhile, the $31.

8 million XRP transfer underscores the growing conviction among Korean whales that the asset’s long-term value proposition remains strong. Their steady accumulation not only signals confidence in Ripple’s ecosystem but also hints at potential supply tightening that could amplify future rallies.