Pumpius (@pumpius), who has been in the cryptocurrency space since 2013, published a thread claiming that Binance is deliberately applying heavy sell pressure on XRP to manipulate its market 0 to him, recent trading activity shows massive sell-offs, sudden liquidity drains, and strong red movements on the charts, which he interprets as evidence of coordinated action rather than natural market 1 argues that Binance’s model is built on front-running retail traders, using wash trading to inflate volume, manipulating funding rates, and unloading tokens on 2 IS DUMPING $XRP Massive sell 3 liquidity 4 spiking 5 here’s the part the peasants don’t get: Binance isn’t just dumping crypto, they’re deliberately manipulating XRP’s 6 is a coordinated 7 — Pumpius (@pumpius) September 1, 2025 Why XRP Is the Target In his posts, Pumpius claims that Binance’s alleged actions are directed specifically at XRP because it poses a threat to the exchange’s liquidity-based business 8 stresses that XRP is not designed to be a speculative meme token but instead functions as infrastructure for payments and 9 his view, XRP could replace the liquidity pools that Binance and other exchanges have relied on for 10 XRP’s utility expands as intended, Pumpius argues, it could undermine Binance’s role in global liquidity provision and disrupt its profit 11 of the Suppression Pumpius points to what he describes as a consistent pattern: whenever Ripple makes progress—whether through new corridors, institutional partnerships , or legal clarity—Binance allegedly increases sell pressure to restrain upward price 12 claims that this behavior is intended to reinforce the perception of XRP as just another altcoin rather than as a unique settlement 13 he does not provide market data or technical breakdowns in the thread, he frames the timing of Binance’s sell activity as too coordinated to be 14 Interests Involved Beyond Binance, Pumpius suggests that other forces benefit from suppressing 15 mentions investors linked to China, entities aligned with the SWIFT network, and offshore financial 16 to him, these parties are wary of XRP’s potential to bring greater transparency to cross-border 17 argument is that XRP’s design, which allows for open ledger tracking, could disrupt entrenched systems of opaque capital movement, giving certain institutions incentives to hold back its growth through indirect 18 Versus Market Action The thread also highlights what Pumpius sees as the strength of XRP’s fundamentals in contrast to what he calls artificial 19 references Ripple’s progress in closing its SEC case, reports of regulatory movement such as a possible banking license, projects like 20 anchoring identity and genomic data to the XRP Ledger, and the activation of payment corridors in Japan and the 21 believes these factors show growing real-world adoption that is not reflected in market prices due to deliberate pressure from Binance and related interests.
Self-Custody and Decentralization Pumpius adds that Binance’s actions may be producing the opposite of their intended 22 time there is significant sell pressure from the exchange, more XRP holders move their tokens into self-custody, which in his view strengthens decentralization and reduces dependence on centralized 23 argues that this shift is preparing XRP for a future where utility-based demand will surpass speculative trading, aligning the asset more closely with large-scale settlement 24 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The thread concludes with the claim that Binance’s alleged suppression is ultimately 25 asserts that while price manipulation may appear effective in the short term, it cannot alter XRP’s role as a settlement-focused 26 : This content is meant to inform and should not be considered financial 27 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 28 are advised to conduct thorough research before making any investment 29 action taken by the reader is strictly at their own 30 Tabloid is not responsible for any financial 31 us on X , Facebook , Telegram , and Google News
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