XRP withdrawal addresses from Upbit hit all-time high of 3,200

The number of addresses withdrawing XRP from the South Korean exchange Upbit has reached an all-time high of 3,200, The Crypto Basic reported. According to data from CryptoQuant, this figure is a significant increase from the fourth quarter of 2025, when daily withdrawal addresses numbered between just one and 53. Even during previous surges on Dec. 15 and Dec. 17, the figures peaked at 2,750 and 3,051, respectively. Analyst CryptoMāshī suggested the trend indicates that large-scale investors may be accumulating significant amounts of XRP offline, potentially signaling sharp price movements ahead. The analyst explained that while the reasons for the withdrawals could vary—including shifts to long-term investment, arbitrage, or staking—a reduced supply on exchanges eases immediate selling pressure and can help stabilize the price.