🚹 XRP Whale Control: South Korea is Dominating! đŸ‡°đŸ‡·

The top 4 exchanges – Upbit, Binance, Bithumb, and Uphold – control a massive 80% of all XRP held on exchanges, totaling 12.3 billion $XRP. đŸ€Ż

But here’s the kicker: South Korean exchange Upbit holds 2.5x more $XRP than Binance, usually the king of crypto custody! This isn’t a coincidence; XRP is incredibly popular with retail investors in South Korea, often driving a “Kimchi Premium.”

Upbit and Bithumb combined control over 52% of the XRP on this list, cementing South Korea’s dominance. Uphold’s strong support for $XRP during the SEC lawsuit also explains its high ranking. Meanwhile, XRP ETF’s currently hold just 1% of the supply.

This concentration of $XRP in a few key hands is a critical dynamic to watch. 👀

#XRP #Ripple #CryptoNews #KimchiPremium 🚀

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