XRP Just Saw Its First-Ever $1B+ Net Inflow in a Single Hour – And Korea Might Be the Reason Why
XRP is not just riding the wave of the ongoing market pump – it’s making history while doing it. In a new development, XRP just recorded its first-ever net inflow of over $1 billion within a single hour, something that’s never happened in the asset’s history, according to data highlighted by prominent community member Chad Steingraber.
Steingraber, who’s both a game developer and a well-known XRP advocate, has been closely tracking these wild numbers – particularly on Upbit, the largest crypto exchange in South Korea. Over the past few days, he’s posted multiple updates showing that XRP’s inflows and volume on Upbit aren’t just growing – they’re exploding. And each new figure seems to outshine the last.
What you'll learn 👉
$2.39 Billion in an Hour? That’s a New Level of Demand
Let’s rewind to July 7. That’s when XRP first made headlines by hitting $1.98 billion in hourly volume and $1.58 billion in net inflow on Upbit. That alone had analysts and pundits raising eyebrows.
But now, it gets even crazier.
I’m telling you right now that the ODL switch has flipped. $1.59Billion OUT.
— Chad Steingraber (@ChadSteingraber) July 12, 2025
Korea is GROUND ZERO.
XRP https://t.co/JFU35JpfT6 pic.twitter.com/2R6jKiuxi9
According to Steingraber’s latest analysis, Upbit recorded a $2.16 billion in XRP net inflows in the hour leading up to 3:27 PM UTC on July 11. At the same time, the exchange saw a total trading volume of $9.11 billion in just one hour. These numbers are virtually unheard of outside major Bitcoin rallies – and for XRP, it’s uncharted territory.
Read also: XLM Price Pumps – Is Stellar Following XRP’s Bullish Lead?
Korean Traders Are Leading the Charge
Crypto analyst XForceGlobal, a certified Elliott Wave expert from South Korea, says XRP is now seeing more volume in Korean markets than Bitcoin and Ethereum combined. That’s right – XRP is currently the king of Korean trading desks. He even added that the current volumes exceed what was seen last December, when XRP briefly spiked above $3.
$XRP#XRP is now officially higher in volume than #Bitcoin and #Ethereum combined.
— XForceGlobal (@XForceGlobal) July 11, 2025
The Korean retail is kicking in.
They're angry. They want more. They're back.
Side note, this isn't even remotely close to the volume we had back in December.
This is just beginning. pic.twitter.com/m42eOuEoOD
While many believe this momentum is coming from Korean retail traders diving into XRP, others- like Steingraber – aren’t so sure. He and other voices in the space suggest that this kind of capital movement is more likely to be institutional in nature. Especially given that millions of XRP are being moved across Upbit’s wallets, hinting at the involvement of Ripple Payments (formerly ODL).
Upbit Is Fueling the XRP Pump
Order book expert Dom also weighed in, pointing out that Upbit alone was responsible for nearly $13 million of XRP buys within an hour, out of a global total of $30 million. He says the recent rally to $2.80 – up 8% in the past 24 hours – was heavily driven by Korean market activity. And that lines up perfectly with the explosive inflow data Steingraber has been tracking.
So whether it’s institutional players, retail FOMO, or a mix of both – one thing’s for sure: XRP is back on fire, and Korea is leading the charge.
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