ChainCatcher Message, CryptoQuant CEO Ki Young Ju revealed on X that large holders on Coinbase seem to be driving the recent surge in XRP. Over the past 30 days, Coinbase's minute-level price premium has fluctuated between 3%-13%. 📈

Interestingly, although the South Korean exchange Upbit has more XRP investors than Binance, its price premium is not significant. 🤔 This indicates that investor behavior on different exchanges may have varying impacts on market prices. Overall, the market dynamics of XRP still require further observation to better understand the driving factors behind these price changes. 🔍