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Here’s the Reason XRP Price is Not Being Affected Right Now Amid Large Korean Inflows

  • XRP price has not seen a significant increase despite impressive inflows from South Korea, notably on the Upbit exchange.
  • While Upbit recorded large XRP inflows and volumes, other top exchanges experienced outflows, neutralizing the impact on XRP's price.
  • Despite this trend, XRP's price is up over 6% in the past week, currently trading at $2.33.
  • The inflows into Upbit do not directly translate to capital flows into the XRP market, thus not always leading to price spikes.

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