A substantial transfer of 19 million XRP, valued at approximately $61.3 million, has been observed on Upbit. This move ignited speculation among crypto traders, prompting questions about potential large-scale withdrawals or institutional activities. 然而, further investigation revealed that this transfer was an internal restructuring within Upbit’s wallet system. These kinds of exchanges are common for platforms handling over $4.57 billion in daily spot trading volume, with the purpose of balancing liquidity across various wallets. The transaction initially raised eyebrows as it moved from Upbit’s main account to an unidentifiable address before being re-allocated internally.