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“XRP Dominates South Korean Trading as ETF Inflows and Whale Accumulation Fuel Bullish Sentiment” 🚨🚨🚨

XRP has reclaimed the top spot in trading activity on South Korea’s largest crypto exchange, signaling renewed global interest in the token even as price action remains relatively muted.

Over the past 24 hours, XRP recorded more than $105 million in trading volume on Upbit, surpassing both Bitcoin and Ethereum on the platform. According to CoinGecko data, Bitcoin generated roughly $102.6 million in volume during the same period, while Ethereum trailed further behind at approximately $62.9 million. Dogecoin also remained well below XRP’s activity levels.

South Korea has historically played a major role in XRP trading cycles, with retail investors in the region often showing stronger enthusiasm for the token compared to other global markets. The latest surge in activity suggests speculative momentum may once again be building around Ripple-related assets.

ETF Inflows Continue Rising

Investor demand has also been increasing through spot XRP exchange-traded funds. Data from SoSoValue shows XRP ETFs attracted another $5.3 million in inflows on Tuesday alone, pushing monthly inflows above $65 million.

The continued inflows are notable because they come despite XRP remaining relatively flat near the $1.43 level, suggesting investors may be positioning ahead of a potential breakout rather than reacting to upward price momentum.

Prediction Markets Turn Bullish

Sentiment across prediction markets has shifted sharply in recent days. Odds of XRP climbing above $1.50 before the end of May have surged to roughly 70%, according to event market pricing. Earlier this week, those odds had reportedly fallen as low as 9%.

That dramatic swing reflects growing trader optimism that XRP could finally break out of the narrow trading range it has remained trapped in for more than two months.

Ripple Developments Add Momentum

Part of the renewed confidence may stem from recent developments involving Ripple Labs. Earlier this week, Ripple’s prime brokerage unit reportedly secured a $200 million debt facility from investment management firm Neuberger Berman to expand its margin financing capabilities.

The move is viewed by some investors as another sign Ripple is continuing to strengthen its institutional crypto infrastructure business despite broader market volatility.

Whale Wallets Reach New Record

On-chain data is also painting an increasingly bullish picture. Analytics platform Santiment reported that the XRP Ledger has reached a record 332,000 wallet addresses holding at least 10,000 XRP tokens — equivalent to roughly $14,300 at current prices.

Historically, growth in mid-sized and large wallets is often interpreted as a sign of rising long-term conviction among investors rather than short-term speculative trading.

Santiment noted that the trend is particularly significant because XRP has spent much of 2026 trading below previous highs, suggesting many holders are accumulating during periods of uncertainty rather than chasing momentum-driven rallies.

While XRP has yet to translate rising activity into a sustained price breakout, the combination of growing ETF inflows, increased South Korean trading dominance, institutional developments, and expanding whale accumulation is fueling speculation that the token may be preparing for a larger move ahead.