30M XRP Disappears from Upbit — Are U.S. States Preparing an XRP Tax Revolution?

30M XRP vanishes from crypto exchange Upbit amid news that U.S. states plan to accept XRP for tax payments, according to Digital Chamber CEO.

30M XRP Disappears from Upbit — Are U.S. States Preparing an XRP Tax Revolution? Source: Shutterstock
Source: Shutterstock

30 Million XRP Disappear from Upbit as Whales Gear Up for Breakout

On-chain metrics provider Whale Alert shows 30M XRP moved from South Korea’s Upbit to an unknown wallet, signaling potential whale accumulation ahead of a major breakout.

Massive XRP transfers often signal imminent market action. When whales move coins off exchanges, it typically reflects long-term holding, not selling, removing liquidity and historically driving upward price pressure.

The timing of this massive XRP transfer fuels speculation of an impending bullish surge.

Analysts point to growing adoption of XRP solutions and the recent launch of spot XRP ETFs led by Canary Capital, Franklin Templeton, and Grayscale, which offer regulated exposure and are attracting both retail and institutional investors, potentially driving significant market momentum.

Therefore, community buzz around XRP is intensifying as 30 million coins vanish from Upbit, signaling that smart money may be positioning for a major breakout.

On the other hand, momentum indicators are lighting up across charts, suggesting XRP may be on the verge of a breakout. Combined whale activity, growing institutional interest, and bullish market sentiment signal rising upward pressure.

Digital Chamber CEO Highlights XRP’s Path to Mainstream Adoption and U.S. Tax Integration

In a recent interview with Paul Barron, Digital Chamber CEO revealed exclusive insights on XRP’s growing adoption, mainstream financial integration, regulatory trends, and the impact of institutional involvement on its global trajectory.

The CEO reveals that several U.S. states are exploring XRP for tax payments, a major step toward mainstream crypto adoption and integration into traditional finance.

Notably, this trend is likely to boost investor confidence, as U.S. authorities offering official tax-payment channels indirectly endorse XRP’s utility, potentially accelerating both retail and institutional adoption.

Furthermore, institutional engagement is reshaping XRP’s market dynamics. As major financial firms and fund managers participate, the CEO sees this driving price stability, credibility, and long-term growth, solidifying XRP’s momentum as a global bridge currency.

Digital Chamber’s CEO highlights XRP’s rising influence in finance. With U.S. tax integration, stronger infrastructure, and growing institutional participation, XRP is set for broader adoption and enhanced legitimacy, capturing the attention of investors and policymakers worldwide.

Conclusion

The transfer of 30 million XRP from Upbit to an unknown wallet highlights whale-driven market dynamics. As liquidity tightens and momentum builds, XRP shows signs of a potential surge, drawing both retail and institutional attention. 

This massive accumulation signals strong confidence among large holders and underscores XRP’s growing global relevance. Monitoring on-chain activity and market sentiment may reveal critical clues for the next phase of its rally.

On the other hand, Digital Chamber’s CEO stipulates XRP’s rapid march toward mainstream adoption. 

With U.S. states considering tax payments in XRP, expanding infrastructure, and rising institutional involvement, the cryptocurrency is set to cement its role as a credible, efficient, and widely accepted digital asset, poised to shape the future of global finance.