Data: South Korean investors may be the main driving force behind the rise in XRP, with Upbit and Bithumb's XRP trading volumes reaching $3.8 billion and $1.2 billion respectively.

CoinVoice has recently learned that Scopscan stated on X that South 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.[Original link]