Is Binance Manipulating XRP Price And Driving The Crash? Analyst Gives Answers

In a recent post on X, crypto analyst Pumpius argued that the recent drop in XRP’s price is not natural but the result of deliberate actions by ￰0￱ to him, the exchange wants to protect its position because the digital currency poses a threat to the system it has built over the ￰1￱ says the exchange is doing more than just selling tokens; it is working to hold XRP ￰2￱ Accused Of Coordinating XRP Price Suppression Pumpius says Binance is not only selling XRP but is also actively manipulating the market around ￰3￱ points to sudden drops in liquidity, heavy waves of sell pressure, and red flashes on charts that appear whenever there’s an announcement of positive Ripple ￰4￱ claims this is not a coincidence but evidence of coordination and a strategy to keep XRP from breaking ￰5￱ Reading: Dogecoin Price Set For Explosive Rally If This Structure Holds The analyst stresses that the real reason Binance targets XRP is that it is ￰6￱ is not a meme or speculative bet but a payment ￰7￱ argues it could replace the liquidity pools that Binance has used for years, and if that happens, the exchange’s market-making business could ￰8￱ also warns that it is not only Binance that is ￰9￱ to him, powerful investors, legacy financial players, and offshore networks all see XRP as a ￰10￱ says that because XRP runs on transparent rails, it could expose money flows they prefer to keep hidden.

Therefore, price suppression becomes their primary tool to slow down the ￰11￱ Suppression Could Backfire As XRP Price Fundamentals Strengthen Despite these heavy claims, Pumpius argues that the pressure on XRP may ￰12￱ crypto expert points to Ripple and its ecosystem, noting that the fundamentals are strengthening every ￰13￱ payment corridors are opening in Japan and the ￰14￱ such as DNA Protocol are using the XRP Ledger to anchor IDs and even genetic ￰15￱ Reading: Crypto Adviser For The Ultra Wealthy Tells XRP Investors What To Do As Coins Turn To Real Money Pumpius believes this shows the suppression is ￰16￱ fundamentals are exploding, he says, while the adverse price action comes from deliberate ￰17￱ adds that every time Binance sells, more XRP moves into self-custody ￰18￱ of weakening the community, this decentralizes the asset even ￰19￱ are preparing for the day when real utility drives demand at a scale far beyond ￰20￱ his view, when that switch flips, Binance’s paper games will be meaningless compared to trillion-dollar settlement ￰21￱ warns that the exchange may think it is winning now, but it’s only exposing the truth about the digital currency.

XRP, he says, is not just a trader’s ￰22￱ is the backbone of a new financial ￰23￱ according to him, no amount of dumping can stop already living ￰24￱ image from Dall. E, chart from ￰25￱