Upbit, South Korea's largest cryptocurrency exchange, witnessed a massive XRP sell-off by a whale, resulting in transactions worth an astounding KRW 1.642 trillion (approximately $1.3 billion). This whale's activity, occurring between December 19 and 20, is the second largest sale of XRP in the exchange's history, with its volume surpassing 33% of total XRP transactions during that period. The sale indicates a significant movement of XRP by a major player in the cryptocurrency market, potentially impacting the price of XRP in the short term.

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