XRP trading volume surges by 1.19 million! Bitkub warns of volatility soaring 5.51%, risk increases

Thailand’s largest cryptocurrency exchange Bitkub issues an emergency alert for XRP price volatility, with an average volatility of 5.51% over the past 24 hours, and trading volume surging to 1.19 million coins. The lowest price was 63.90 THB, the highest 68.20 THB, with an intraday price difference of 4.3 THB, indicating heightened market speculation. The global XRP trading price is close to $2.14, with a daily increase of 4.89%.

Market Frenzy Behind Bitkub’s 1.19 Million Trading Volume

(Source: Bitkub)

Bitkub’s trading volume reached 1.19 million XRP, a rare figure in the Thai crypto market, showing active participation by market players during this volatile period. High trading volume often signals imminent sharp price swings, especially when driven by short-term momentum rather than fundamentals. This trading pattern is typical in highly speculative markets, where retail and institutional investors alike seek to profit from short-term price movements.

Bitkub’s candlestick chart shows XRP forming an upward trend from late December to early January. Although occasional pullbacks occur due to profit-taking, buyers continue to accumulate on dips, maintaining a strong upward momentum. This price behavior is known as a “healthy correction” in technical analysis, indicating the trend remains intact, with each pullback attracting new buyers.

However, the 1.19 million volume can also amplify price fluctuations. When large trades occur within a short period, market liquidity may suddenly dry up, causing sharp price jumps. For retail investors, this environment is risky, as stop-loss orders may be triggered during rapid declines, and chasing highs could result in being trapped at the top.

Three Major Drivers of XRP’s 5.51% Volatility

Global Market Linkage Effect: XRP’s international trading price approaches $2.14, with a 4.89% daily increase, directly influencing local exchanges like Bitkub.

Active Arbitrage Trading: Price differences between XRP priced in Thai Baht and USD lead to large inflows and outflows, magnifying volatility.

Spreading Speculative Sentiment: Since XRP hit a high of $3.66, market attention has persisted, with short-term traders flooding in to push up trading volume.

Global XRP Market Linkage Pressure

On January 5, 2026, XRP traded close to $2.14, with a 4.89% increase that day. International price movements often influence local exchanges like Bitkub, as arbitrage and market sentiment spread across the entire market. When major CEXs’ XRP prices rise, Thai traders quickly follow suit, driving up both prices and trading volume on the Bitkub platform.

Since XRP reached a high of $3.66, such news continues to keep it in market focus. This all-time high acts as a psychological anchor for many traders; when prices approach this level, market participation surges. Currently, XRP trades at $2.14, about 71% below the peak at $3.66, with this potential upside attracting risk-tolerant investors.

However, the decline from $3.66 to the current price also signifies a significant correction. During this process, some investors who bought at high levels may be trapped, possibly choosing to exit when prices rebound, creating selling pressure. Consequently, XRP faces multiple resistance levels during its upward move, each representing areas of accumulated stop-loss orders.

Thailand’s crypto market has unique characteristics, with THB and USD exchange rate fluctuations also affecting local traders’ behavior. When the Thai Baht weakens, XRP priced in USD becomes more expensive for Thai investors, potentially suppressing buying interest. Conversely, when the Baht strengthens, import costs decrease, possibly stimulating more local capital inflow into XRP.

Risk Warnings Behind Bitkub’s Alert

Bitkub’s warning emphasizes that investors should remain cautious during rapid price swings. The recent volatility alert for XRP indicates increasing market activity and trader interest. While rising prices and trading volume suggest strong market momentum, volatility can be sudden, making caution essential.

What does a 5.51% daily volatility mean for retail investors? Suppose an investor buys 100,000 XRP at 66 THB each, totaling 6.6 million THB. With a 5.51% volatility, the potential daily profit or loss could reach 360,000 THB. Such fluctuations can lead to emotional decision-making, especially for those lacking risk management experience, resulting in chasing gains or panic selling.

Another consideration for Bitkub’s warning is regulatory responsibility. As Thailand’s largest licensed crypto exchange, Bitkub has an obligation to alert users to risks during abnormal market movements. This alert mechanism helps protect investors and fosters a more transparent market environment. If significant losses occur later, the exchange can at least demonstrate that it fulfilled its duty to inform.

Given that XRP remains influenced by global market trends and speculative behaviors, volatility may continue to characterize its recent price movements. Although Ripple’s legal battle with the SEC has ended, the market’s perception of XRP is still evolving. The Trump administration’s friendly stance toward cryptocurrencies could open new use cases for XRP, but such positive news is often priced in advance, and actual implementation might bring about a “sell the news” effect.

Overall, Bitkub’s XRP volatility alert reflects the current speculative nature of the market. The 1.19 million volume, 5.51% volatility, and 4.3 THB intraday price difference all indicate XRP is in a highly active but risky trading phase.