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XRP exchange holdings fall amid weakness; Upbit accounts for 42 percent of net outflows

About $321 million worth of XRP flowed out of centralised exchanges worldwide over the past seven days, with $135.9 million in net outflows from Upbit, representing 42 percent of the total, The Crypto Basic reported. CoinGlass data showed net outflows from Coinbase, Binance, Bybit and OKX, while Bitstamp and Crypto.com recorded net inflows. Upbit’s XRP reserves fell from 6.515 billion to 6.497 billion tokens. XRP dropped from $1.33 to $1.14 this month.