5.5 Billion XRP Was Just Drained from Upbit. Here’s What Happened

Description

A tweet from Abs, host of the Good Morning Crypto show, revealed that 5.5 billion XRP was suddenly withdrawn from the cryptocurrency exchange Upbit. The tweet featured an image from CryptoQuant, highlighting a sharp drop in Upbit’s XRP exchange reserves. This unexpected change in reserves led to widespread speculation within the cryptocurrency community. The graph showed a consistent XRP reserve balance of around 6 billion XRP on Upbit over several months, followed by a sudden and steep plunge t...