According to @ai_9684xtpa, Upbit listed seven spot tokens in the first 11 days of September—PUMP, HOLO, OPEN, WLD, FLOCK, RED, WLFI—averaging one new listing every 1.57 days; source: @ai_9684xtpa, X, Sep 11, 2025. According to @ai_9684xtpa, post-announcement price action has shifted from sustained climbs to upper wicks on candlesticks, indicating quicker sell-the-news behavior on Korean order books; source: @ai_9684xtpa, X, Sep 11, 2025. According to @ai_9684xtpa, traders should expect reduced follow-through on Upbit listing plays and manage for faster reversals rather than multi-session continuation; source: @ai_9684xtpa, X, Sep 11, 2025.

According to Lookonchain, the price of RAY surged by nearly 25% following its listing on Upbit, triggering significant trading activity. Notably, whale address 256Eh2 deposited 906,788 RAY (worth $2.26 million) into Binance after the price pump, a move typically associated with potential large-scale selling. Traders should closely monitor RAY/USDT as increased sell pressure from major holders could lead to heightened volatility and quick price corrections in the near term. Source: Lookonchain (Twitter, June 19, 2025).