Ripple update: Potential SBI transfer volume last night
We were having a discussion in our discord over the volume spike noticed last night we believe this could have potentially been from SBI there is a definite correlation between jpy and krw with both sides seeing a highly correlated volume of around 1.8 million xrp in fiat. This spike is repeated in other parings but not to the same degree indicating arbarage. We came to the conclusion this could be a xrapid trial. Any thoughts are welcome.
Data is here
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