XRP withdrawals from Upbit surge, echoing pre-rally pattern

An analysis suggests that Ripple (XRP) is mirroring a pattern seen before a past price surge, marked by a significant increase in withdrawals from the South Korean exchange Upbit, The Crypto Basic reported. On-chain data reveals that daily XRP withdrawal transactions have jumped to over 3,400 since mid-December 2025, a substantial rise from the typical range of five to 30. Analyst CW explained that this increase in withdrawals indicates a decrease in selling pressure on the exchange. The analyst noted that a similar trend from 2021 to 2023 was followed by a roughly 580% rally for XRP in November 2024.