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19 Feb 2026, 15:40

USDC Transfer: A Staggering $290 Million Move from Coinbase Institutional Sparks Market Intrigue

BitcoinWorld USDC Transfer: A Staggering $290 Million Move from Coinbase Institutional Sparks Market Intrigue On-chain data has revealed a significant cryptocurrency movement, with Whale Alert reporting a transfer of precisely 290,010,321 USDC from Coinbase Institutional to Coinbase. This substantial transaction, valued at approximately $290 million, immediately captured the attention of market analysts and blockchain observers worldwide. Consequently, this event prompts a deeper examination of stablecoin liquidity, exchange treasury management, and broader market signals within the digital asset ecosystem. Analyzing the $290 Million USDC Transfer The blockchain transaction, executed on the Ethereum network, represents one of the larger stablecoin movements observed in recent weeks. Whale Alert, a prominent service tracking large cryptocurrency transfers, publicly broadcast the details, confirming the sender as “Coinbase Institutional” and the recipient as “Coinbase.” This internal movement between two wallets controlled by the same corporate entity, Coinbase Global Inc., is a common operational procedure. However, the sheer scale of the transfer warrants a detailed contextual analysis. Stablecoins like USDC, which are digital assets pegged to the value of a fiat currency like the U.S. dollar, serve as critical infrastructure for the crypto economy. They facilitate trading, provide a safe haven during volatility, and enable seamless transfers. A transfer of this magnitude typically indicates one of several routine operational needs: Liquidity Rebalancing: Moving funds to meet anticipated customer demand for withdrawals or trading on the retail-facing Coinbase platform. Treasury Management: Consolidating assets for internal accounting, reporting, or yield-generation strategies. Operational Efficiency: Preparing for large-scale corporate actions, such as covering operational costs or facilitating institutional client settlements. Market data from the period shows no immediate, corresponding price impact on USDC, which maintained its $1.00 peg, or on broader crypto markets. This stability underscores the transactional nature of the move rather than a market-driven event. Understanding Coinbase’s Institutional and Retail Structure To fully grasp this transaction’s context, one must understand the distinction between Coinbase and Coinbase Institutional. Coinbase, the flagship retail platform, serves millions of individual investors globally. Conversely, Coinbase Institutional caters to hedge funds, asset managers, family offices, and other large-scale professional investors. This division offers tailored services, including advanced trading tools, dedicated custody solutions, and prime brokerage services. Platform Primary Users Key Services Typical Transaction Scale Coinbase (Retail) Individual Investors Simple buying, selling, staking Small to Medium Coinbase Institutional Funds, Corporations Prime Brokerage, OTC Trading, Custody Large to Very Large Fund flows between these internal entities are a standard part of exchange operations. For instance, an institutional client might deposit USDC into their Coinbase Institutional account. Later, if that client wishes to execute a trade on the retail platform’s liquidity books, the exchange would facilitate an internal transfer. Therefore, while eye-catching, a $290 million transfer is often a reflection of underlying client activity or proactive liquidity management by the exchange itself. Expert Perspective on Large Stablecoin Movements Financial analysts specializing in blockchain data emphasize that large, internal exchange transfers are rarely speculative bets. Instead, they are logistical. “The public nature of blockchain allows us to see these movements, but we must avoid over-interpreting them,” explains a common viewpoint among on-chain analysts. “A nine-figure transfer between an exchange’s own wallets is more akin to a bank moving cash between its vault and its teller windows. It’s a sign of operational preparedness, not necessarily a direct bullish or bearish signal for the market.” The transparency of the Ethereum blockchain provides a verifiable audit trail. Anyone can view the transaction hash, confirming the amount, timestamp, and wallet addresses involved. This public ledger system is a foundational element of trust in decentralized finance, even when the actors are centralized entities like major exchanges. The Broader Context of Stablecoin Flows in 2025 This event occurs within a dynamic stablecoin landscape. USDC, issued by Circle in partnership with Coinbase, competes closely with other major stablecoins like Tether (USDT). Analysts often monitor aggregate stablecoin flows to and from exchanges as a key on-chain metric. Generally, large inflows to exchanges can signal increasing buying pressure, as traders move stablecoins to purchase other assets. Conversely, outflows can indicate a movement to cold storage or decentralized finance protocols for yield. An internal transfer like this one, however, does not change the total supply of USDC on exchanges. It merely repositions it within the same corporate umbrella. For a true market signal, observers would look for net changes in the total stablecoin balance across all exchange wallets. Recent trends in 2025 show a continued maturation of the stablecoin market, with increased regulatory clarity and adoption for cross-border payments and settlements. Conclusion The reported transfer of 290,010,321 USDC from Coinbase Institutional to Coinbase is a significant operational event that highlights the immense scale of modern cryptocurrency infrastructure. While the $290 million figure is staggering, analysis suggests it reflects routine liquidity management or client facilitation within Coinbase’s ecosystem. This USDC transfer underscores the critical role stablecoins play as the lifeblood of digital asset markets, enabling seamless, large-scale value movement. Ultimately, it serves as a powerful reminder of the transparency provided by blockchain technology, where major financial movements are visible to all, fostering a new era of open yet complex financial logistics. FAQs Q1: What does a USDC transfer from Coinbase Institutional to Coinbase mean? This typically indicates an internal reallocation of funds by the exchange for operational purposes, such as rebalancing liquidity between its institutional and retail platforms to meet user demand. Q2: Does a large stablecoin transfer like this affect the crypto market price? Usually, no. Internal exchange transfers do not directly change the available supply of an asset on the open market. Significant price impact generally comes from net inflows or outflows from all exchange wallets combined. Q3: Who is Whale Alert and how do they track these transactions? Whale Alert is a blockchain tracking service that monitors public ledgers for large transactions. It uses predefined parameters to identify transfers exceeding certain value thresholds and posts them on social media for public awareness. Q4: What is the difference between Coinbase and Coinbase Institutional? Coinbase is the retail platform for individual investors. Coinbase Institutional is a separate service division offering advanced trading, custody, and prime brokerage services to professional investors and large organizations. Q5: Is USDC safe, and how is its value maintained? USDC is a fully reserved stablecoin. Its issuer, Circle, holds assets equivalent to the USDC in circulation in secure, regulated institutions. Regular attestations by independent accounting firms verify these reserves, ensuring each USDC is redeemable for one U.S. dollar. This post USDC Transfer: A Staggering $290 Million Move from Coinbase Institutional Sparks Market Intrigue first appeared on BitcoinWorld .

19 Feb 2026, 15:25

How to Buy TRX Without Using a Centralized Exchange

Buying TRX does not require opening an account on a centralized exchange. While traditional exchanges remain popular, they are not the only way to acquire TRON (TRX). For users who prefer wallet-to-wallet transactions, fewer registration steps, or greater rate visibility, alternative execution models exist. This review explains how to buy TRX without using a centralized exchange, what to look for in a platform, and how services like SwapSpace approach the process. Alternative Methods to Buy TRX There are generally two non-CEX routes: Instant swap services Exchange aggregators Both allow wallet-to-wallet transactions without requiring a trading account. The difference lies in rate visibility and liquidity sourcing. Instant Swap Services Instant swap platforms allow you to convert one cryptocurrency into TRX directly from your wallet. You select the asset you want to exchange (for example, BTC or USDT), enter the amount, send funds, and receive TRX. The process is simple and direct. However, most instant services rely on a single liquidity provider, meaning you see one available rate at a time. There is no built-in comparison layer. How SwapSpace Finds Optimal Rates to Buy TRX Exchange aggregators take a different approach. Instead of offering one rate, they collect offers from multiple liquidity providers and display them in one interface. SwapSpace operates under this model. It aggregates real-time swap offers from 37 trusted exchange partners and supports nearly 4,000 cryptocurrencies, including TRX. What this means in practice When buying TRX through SwapSpace, you can: Compare multiple available rates View estimated transaction times Check whether KYC is required Choose between fixed and floating rates Complete the swap without account registration SwapSpace does not hold user funds. The transaction is executed directly between your wallet and the selected partner. This structure keeps custody with the user while allowing broader pricing visibility than single-source instant swaps. The platform currently holds a 4.6 rating on Trustpilot based on nearly 900 reviews, offering additional public feedback as a reference point. Step-by-Step: How to Buy TRX Without a CEX The process typically looks like this: Open your crypto wallet Select the asset you want to exchange at swapspace.co/buy-crypto Select TRX as the asset you want to receive Compare available rates Confirm transaction details Send funds Receive TRX in your wallet The total time depends on the blockchain used and network confirmations. Fixed vs Floating Rate When purchasing TRX through swap services, you may see: Fixed rate — locks in the TRX amount before confirmation Floating rate — reflects live market conditions and may adjust slightly The choice affects execution certainty, not platform legitimacy. What to Consider Before Buying TRX Before completing a transaction: Confirm wallet compatibility Verify network selection Compare final received amount Review estimated processing time Check platform reputation The rate shown at the beginning should not be the only metric. Execution terms matter. Final Thoughts Buying TRX without using a centralized exchange is entirely possible through wallet-based swap services and exchange aggregators. Centralized exchanges prioritize internal liquidity and trading infrastructure. Non-custodial platforms prioritize direct execution and user control. Aggregators like SwapSpace add an additional layer by enabling rate comparison across multiple providers before committing to a transaction. The right method depends on whether you prioritize custody, simplicity, or visibility into available pricing. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

19 Feb 2026, 15:10

Pi Network’s PI Dominates the Altcoin Market, Yet Bears See Storm Ahead

Pi Network’s PI has been the best-performing top 100 cryptocurrency over the past week, with its valuation rising by almost 40%. Although some market observers foresee additional short-term gains, one factor could dampen their enthusiasm by hinting at a renewed decline. The Bears Are Coming Back? PI has finally managed to reverse its massive downtrend over the last several months, posting an upswing to as high as $0.20 just days ago. Currently, it trades at around $0.18 (per CoinGecko’s data), placing it well in green territory on a seven-day and two-week timeframe. With its market capitalization soaring to roughly $1.7 billion, the asset now ranks as the 47th-largest cryptocurrency. The evident recovery has put PI back in focus, making it one of the most-trending tokens on CoinGecko lately. The good days, though, may be coming to an end because the amount of coins stored on crypto exchanges has risen sharply. Almost 5 million PI have been transferred to such platforms in the last 24 hours alone, bringing the total to approximately 427.1 million. More than half of that is held on Gate.io, while Bitget ranks second with approximately 145.2 million tokens. PI Exchange Reserves, Source: piscan.io While the shift from self-custody to centralized exchanges doesn’t guarantee a price correction, it is often viewed as a bearish signal, as it could be interpreted as a pre-sale step. The aggressive token unlocks scheduled for the coming days should also serve as a warning to investors. Data indicates that daily figures will approach 15 million on several occasions before the end of February. After that, though, the process is set to slow down. PI Token Unlocks, Source: piscan.io New Push From the Bulls? Contrary to the aforementioned factors, some community members believe PI is on the verge of a more serious surge in the short term. X user Pi Network Academy argued that the asset “is warming up for another big pump,” predicting an explosion to $1. For their part, Pi Global claimed that “momentum is building, utility is expanding, and community is stronger than ever.” That said, they wondered if the coin’s valuation could hit $0.50 before Pi Day. The date (March 14) is symbolic to Pi Network because it resembles the mathematical constant π (3.14). Earlier this month, X user Captain Faibik also chipped in. The renowned crypto analyst revealed they had added some PI for the midterm, expecting a 500% rally. The post Pi Network’s PI Dominates the Altcoin Market, Yet Bears See Storm Ahead appeared first on CryptoPotato .

19 Feb 2026, 15:07

Where to Convert BTC to USDT Without Custody in 2026

Converting BTC to USDT does not require depositing funds into a centralized exchange. While custodial trading platforms remain widely used, many users prefer non-custodial methods that allow wallet-to-wallet transactions. In these models, you do not transfer long-term control of your funds to an exchange account. This review looks at where and how to convert BTC to USDT using non-custodial approaches, and how exchange aggregators like SwapSpace fit into the picture. What Does “Non-Custodial” Mean? A non-custodial conversion means: You keep control of your private keys You do not hold funds in an exchange account The swap happens directly between your wallet and a liquidity provider There is no platform balance. No trading dashboard. No requirement to withdraw funds after trading. The transaction is executed and settled directly to your wallet. The Two Main Non-Custodial Routes There are generally two ways to convert BTC to USDT without custody: Instant swap services Exchange aggregators The difference lies primarily in pricing transparency. Instant Swap Platforms Instant swap services allow you to select BTC as the asset you send and USDT as the asset you receive. You send BTC to a provided address and receive USDT once the transaction is confirmed. The process is simple and does not require registration. However, most instant swap platforms rely on a single liquidity source. You see one rate, without visibility into whether alternative providers might offer better terms at that moment. For small conversions, this may not be significant. For larger transactions, rate comparison can matter. Exchange Aggregators: A Comparison Layer Exchange aggregators do not execute swaps directly. Instead, they collect and display offers from multiple liquidity providers. SwapSpace operates under this model. It aggregates real-time swap offers from 37 trusted exchange partners, supporting nearly 4,000 cryptocurrencies, including BTC and USDT. How this changes the process When converting BTC to USDT through SwapSpace, you can: View multiple available rates simultaneously Compare estimated processing times See KYC requirements Choose between fixed and floating rate execution Complete the transaction without creating an account SwapSpace does not hold user funds. The swap occurs directly between your wallet and the selected partner, maintaining a non-custodial flow. Fixed vs Floating Rate in Non-Custodial Swaps Most non-custodial platforms offer two pricing formats: Fixed rateThe displayed USDT amount is locked before confirmation. This protects against short-term price movement during Bitcoin confirmations. Floating rateThe final USDT amount reflects live market pricing and may adjust slightly before completion. The choice affects execution certainty, not custody model. What to Compare Before Converting BTC to USDT When evaluating non-custodial platforms, focus on: Final USDT received Transparency of rate sourcing Estimated completion time Network compatibility (ERC20, TRC20, etc.) Platform reputation The visible rate alone is not the full picture. Execution structure and transparency matter just as much. Summary Converting BTC to USDT without custody is straightforward. Instant swap services prioritize simplicity but usually show one rate. Exchange aggregators prioritize comparison and transparency across multiple providers. For users who want to maintain wallet control while comparing available market terms, aggregators like SwapSpace offer a structured non-custodial alternative. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

19 Feb 2026, 14:50

USD/CHF Soars: Hawkish Fed Tone Crushes Swiss Economic Data in Currency Clash

BitcoinWorld USD/CHF Soars: Hawkish Fed Tone Crushes Swiss Economic Data in Currency Clash NEW YORK, March 2025 – The USD/CHF currency pair surged significantly this week as the Federal Reserve’s unexpectedly hawkish monetary policy stance completely overshadowed stronger-than-expected Swiss economic indicators, creating a dramatic divergence in global forex markets that caught many traders by surprise. USD/CHF Technical Analysis and Market Movement The USD/CHF pair climbed approximately 1.8% during Wednesday’s trading session, reaching its highest level since early February. This substantial movement occurred despite Switzerland releasing positive economic data that typically supports the Swiss franc. Market analysts immediately noted the unusual strength of the U.S. dollar against what many consider a traditional safe-haven currency. Technical indicators showed the pair breaking through multiple resistance levels, with trading volume spiking 40% above the 30-day average. Furthermore, the Relative Strength Index crossed into overbought territory, signaling strong bullish momentum. Several major financial institutions adjusted their USD/CHF forecasts upward following the Federal Reserve’s policy announcement. Federal Reserve’s Hawkish Policy Shift The Federal Reserve surprised markets on Tuesday with a more aggressive monetary policy stance than most economists anticipated. The central bank maintained its current interest rate but significantly revised its dot plot projections upward. Specifically, the Fed now forecasts only two rate cuts in 2025 instead of the previously expected three. Additionally, Federal Reserve Chair Jerome Powell emphasized during the press conference that inflation remains “stubbornly elevated” above the 2% target. The central bank also announced it would accelerate the pace of its balance sheet reduction program. These combined actions sent a clear message to markets about the Fed’s commitment to controlling inflation, even at the potential cost of slower economic growth. Interest Rate Differential Impact The widening interest rate differential between the United States and Switzerland represents the fundamental driver behind the USD/CHF movement. The U.S. Federal Funds target rate currently stands at 4.75-5.00%, while the Swiss National Bank maintains its policy rate at 1.75%. This substantial 300+ basis point gap creates powerful incentives for capital flows toward higher-yielding U.S. dollar assets. Historically, interest rate differentials explain approximately 60% of major currency pair movements over medium-term horizons. Moreover, forward rate agreements now price in a 65% probability of additional Fed tightening if inflation data remains elevated through Q2 2025. Swiss Economic Data Performance Switzerland reported surprisingly strong economic indicators that would typically bolster the Swiss franc. The KOF Economic Barometer, a leading indicator of Swiss economic health, rose to 102.5 points in February, exceeding consensus estimates of 101.8. Additionally, Switzerland’s unemployment rate remained at a remarkably low 2.2%, demonstrating labor market resilience. The country also maintained its trade surplus, with exports growing 3.2% month-over-month. However, these positive developments proved insufficient to counterbalance the Federal Reserve’s policy impact. Swiss inflation data showed consumer prices rising just 1.4% year-over-year, well below the Swiss National Bank’s target range, reducing pressure for monetary tightening. Key Economic Indicators Comparison: U.S. vs. Switzerland Indicator United States Switzerland Policy Interest Rate 4.75-5.00% 1.75% Inflation Rate (YoY) 3.2% 1.4% Unemployment Rate 3.9% 2.2% GDP Growth Forecast 2025 2.1% 1.3% Trade Balance -$68.9B +$3.2B Global Forex Market Implications The USD/CHF movement reflects broader trends in global currency markets where U.S. dollar strength dominates despite mixed economic signals. The U.S. Dollar Index (DXY) rose 1.2% this week, reaching its highest level in three months. Meanwhile, other major currency pairs showed similar patterns, with EUR/USD declining 1.5% and GBP/USD falling 1.3%. This widespread dollar strength suggests markets are repricing expectations for global monetary policy divergence. Emerging market currencies faced additional pressure as higher U.S. rates increase their dollar-denominated debt servicing costs. Central banks in several Asian and Latin American countries intervened in forex markets to stabilize their currencies against the surging dollar. Historical Context and Market Psychology The current USD/CHF dynamic echoes previous periods of Federal Reserve policy divergence, particularly the 2013 “Taper Tantrum” and the 2018 rate hike cycle. During these historical episodes, the Swiss franc initially weakened against the dollar before recovering as global risk sentiment shifted. Market psychology currently favors the U.S. dollar due to three primary factors: higher relative yields, stronger economic growth projections, and geopolitical uncertainty that traditionally benefits the world’s primary reserve currency. However, analysts caution that extended dollar strength could eventually trigger intervention concerns, particularly if it disrupts global trade flows or creates financial stability risks in emerging markets. Swiss National Bank Policy Considerations The Swiss National Bank faces a complex policy dilemma as the franc weakens against the dollar. Historically, the SNB has intervened to prevent excessive franc appreciation due to Switzerland’s export-dependent economy. However, the current depreciation presents different challenges. A weaker franc increases import costs, potentially raising inflation toward the SNB’s target. Yet, intervening to support the franc would require selling foreign currency reserves, potentially at a loss given current market dynamics. The SNB’s next policy meeting in June will likely address this evolving situation. Market participants will closely monitor any changes to the central bank’s language regarding currency valuation or intervention thresholds. Key factors influencing SNB policy decisions: Swiss franc trade-weighted exchange rate levels Impact of currency movements on inflation projections Global risk sentiment and safe-haven demand patterns European Central Bank policy trajectory Switzerland’s export competitiveness metrics Trader Positioning and Market Sentiment Commitment of Traders reports reveal significant shifts in USD/CHF positioning. Leveraged funds increased their net long dollar positions by 28,000 contracts this week, the largest weekly increase since November 2024. Meanwhile, asset managers reduced their Swiss franc exposure by approximately $4.2 billion. Options market data shows rising demand for USD/CHF call options, indicating expectations for further dollar strength. The risk reversal metric, which measures the premium of calls over puts, reached its most dollar-favorable level in six months. However, some contrarian indicators suggest the move may be overextended, with the USD/CHF pair trading 2.1 standard deviations above its 200-day moving average. Conclusion The USD/CHF currency pair demonstrates the overwhelming influence of central bank policy divergence in contemporary forex markets. Despite Switzerland’s solid economic fundamentals, the Federal Reserve’s hawkish monetary policy stance propelled the dollar significantly higher against the Swiss franc. This movement highlights the primacy of interest rate differentials and forward guidance in currency valuation. Market participants must now assess whether this trend represents a sustainable shift or a temporary overshoot. The coming weeks will provide crucial data, including U.S. inflation figures and Swiss National Bank communications, that will determine the next phase for the USD/CHF pair. Ultimately, this currency movement underscores the complex interplay between domestic economic conditions and global monetary policy dynamics that defines modern foreign exchange markets. FAQs Q1: What caused the USD/CHF to strengthen despite positive Swiss data? The Federal Reserve’s unexpectedly hawkish monetary policy announcement, including fewer projected rate cuts and accelerated balance sheet reduction, created substantial U.S. dollar demand that overwhelmed positive Swiss economic indicators. Q2: How does the interest rate differential affect USD/CHF? The approximately 300 basis point gap between U.S. and Swiss interest rates makes dollar-denominated assets more attractive to investors seeking yield, driving capital flows from francs to dollars and strengthening the USD/CHF exchange rate. Q3: What is the Swiss National Bank likely to do about franc weakness? The SNB faces a policy dilemma but may tolerate moderate franc weakness as it helps lift inflation toward target and supports exports. However, excessive volatility or disorderly moves could prompt intervention, though timing remains uncertain. Q4: How does USD/CHF movement compare to other major currency pairs? The dollar strengthened across most major pairs, with EUR/USD and GBP/USD showing similar declines. This suggests broad dollar strength driven by Fed policy rather than Swiss franc-specific weakness. Q5: What technical levels are important for USD/CHF now? Traders monitor resistance near 0.9250 and support around 0.9050. The pair currently trades above its 200-day moving average, with momentum indicators suggesting bullish conditions but potentially overbought near-term status. This post USD/CHF Soars: Hawkish Fed Tone Crushes Swiss Economic Data in Currency Clash first appeared on BitcoinWorld .

19 Feb 2026, 14:31

A Study of 82M XRP Trades On Upbit for 10 Months Drops Shocking Revelation

Crypto analyst STEPH IS CRYPTO has published findings from a large-scale trade study indicating what he describes as structural selling of XRP on South Korea’s largest exchange. He stated that a review of 82 million XRP trades shows persistent selling pressure on Upbit over 10 months. The analysis referenced in the tweet is from an order-book researcher known as Dom, who examined approximately 82 million tick-level trades on the XRP/KRW pair on Upbit and compared them with 444 million trades on Binance. According to the cited data, Upbit’s XRP/KRW market recorded a monthly net negative cumulative volume delta for 10 consecutive months. This means that aggressive market sell orders exceeded aggressive market buy orders throughout that period. In total, the study estimates that roughly 3.3 billion XRP were sold net through Upbit during those 311 days. At recent market prices, that volume equates to approximately $5 billion in value and represents about 5.4 percent of XRP’s circulating supply . The accompanying chart shared by STEPH IS CRYPTO shows a consistent downward trend in cumulative net selling, reinforcing the claim of sustained outflows rather than isolated events. BREAKING: A study of 82 million $XRP trades shows structural selling on Upbit for 10 straight months. pic.twitter.com/yFWcAoTCgm — STEPH IS CRYPTO (@Steph_iscrypto) February 18, 2026 Evidence Suggesting Algorithmic Execution The tweet highlights several characteristics that support classifying this activity as structural rather than retail-driven. A significant portion of trades, estimated between 57 and 61 percent, were executed within 10 milliseconds. This execution speed is typically associated with automated systems rather than manual trading. Order sizing patterns also appear distinct. Sell orders frequently occurred in round-number increments such as 10, 100, or 1,000 XRP. In contrast, buy orders often appeared in fractional amounts, consistent with retail investors purchasing XRP denominated in Korean won. The activity reportedly persisted with minimal interruption, including a documented 17-hour window of near-continuous execution. Taken together, the speed, consistency, and order sizing led the analyst to describe the flow as a structured selling program operating over an extended timeframe. Why Upbit Became the Focal Point The study points to structural factors within South Korea’s crypto market to explain why Upbit appears central to this trend. XRP is one of the most actively traded digital assets on the platform and can account for between 30 and 35 percent of its daily turnover. Upbit itself controls an estimated 60 to 70 percent of the Korean exchange market, making it the dominant KRW liquidity venue. From April through September, XRP on Upbit reportedly traded at a 3 to 6 percent discount relative to Binance . This pricing dynamic suggests that sellers prioritize conversion to Korean won rather than seeking optimal cross-exchange arbitrage. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Clarifying Upbit’s Role An X user, Mike Peace, responded to the tweet by stating that Upbit is not officially dumping XRP. He noted that the data instead points to a large algorithmic seller using the XRP/KRW market as an exit route into Korean won. According to him, observers describe this consistent flow as structural selling. The analyses referenced do not identify Upbit as the principal seller. Instead, they describe order flow hitting the exchange’s books. Possible explanations include a large holder reducing exposure, an institutional hedging program, or an automated inventory management process. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post A Study of 82M XRP Trades On Upbit for 10 Months Drops Shocking Revelation appeared first on Times Tabloid .