$60,585,668 XRP Moves Trigger Bullish Buzz on Top Korean Exchange

Key Points

1. 20,000,000 XRP (worth $60,585,668) was transferred from Upbit to an unknown wallet, triggering market optimism.

2. Large withdrawals from exchanges are often seen as a sign of self-custody, potentially indicating bullish sentiment.

3. XRP's price rose 0.93% to $3.03, with an intraday high of $3.10, testing short-term resistance.

4. Institutional interest in XRP is growing, with Hyperscale's subsidiary planning a $10 million purchase and Flora Growth Corp holding XRP on its balance sheet.

5. Traders are monitoring whether XRP can sustain momentum above $3, with potential support at $2.55-$2.40 if it fails.