Make No Mistake, XRP Price Tank On Binance Is Pure Manipulation

Crypto markets seldom offer clarity during a collapse, and that’s precisely what makes the recent XRP plunge on Binance such a magnet for ￰0￱ the digital asset community, voices, led by developer and commentator Vincent Van Code, are now accusing one of crypto’s most prominent exchanges of orchestrating a price suppression ￰1￱ question is no longer whether the drop was sharp—it’s whether it was ￰2￱ Crash and Its Context On October 10–11, the cryptocurrency market experienced high ￰3￱ and Ethereum both tumbled dramatically, triggered in part by macro uncertainty (notably a surprise announcement of a 100% tariff on Chinese imports). XRP followed the descent, collapsing by double-digit percentages across ￰4￱ Binance in particular, the fall was steep and chaotic—liquidity evaporated, stop-losses snapped, and order books glowed ￰5￱ data watchers even recorded an intraday bottom near $1.54, before a partial ￰6￱ extreme move erased billions in market value and forced hundreds of millions in leveraged positions into ￰7￱ that environment, any subtle or overt imbalance of selling pressure can have outsized effects.

Thus, the very real fear is that this was not simply a panic-driven drop—but something more ￰8￱ Van Code’s Charge: “Pure Manipulation” In a post on X, Vincent Van Code asserted bluntly: “Make no mistake, XRP price tank on Binance is pure manipulation.” That statement has galvanized speculation and forensic inquiry into whether Binance was actively complicit in the ￰9￱ no mistake, XRP price tank on Binance is pure manipulation. — Vincent Van Code (@vincent_vancode) October 10, 2025 Van Code has long warned about algorithmic distortions in the XRP market, arguing that high-frequency bots operating via prioritized exchange APIs often “nudge” prices in predetermined ￰10￱ past commentary, he’s pointed to coincident rises in unrelated tokens during XRP news events as signs of cross-asset bot ￰11￱ prove manipulation, one must link motive, mechanism, and ￰12￱ highlight three features here: concentrated sell pressure emerging during low-liquidity windows (weekend hours), aggressive order cancellations and spread widening, and repeated timing of drops that coincide with positive XRP developments—only to see the price bludgeoned on Binance while other venues hold ￰13￱ patterns, illuminated by traders and on-chain watchers alike, lend circumstantial weight to Van Code’s accusation.

Counterpoint: The Cascade Hypothesis Binance and various analysts propose a different reading: this was not intentional suppression, but a violent liquidity ￰14￱ their view, macro shock (the tariff announcement), razor-thin weekend depth, and over-leveraged positions aligned to produce a classic waterfall ￰15￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 As traders were forced to sell, the selling intensified, and liquidity providers pulled back, creating a cycle that worsened the ￰16￱ differential in severity across exchanges is then attributed to local order-book fragility rather than deliberate ￰17￱ said, the line between “cascade” and “manipulated cascade” is blurry.

A cascade magnifies impact, but if the initial trigger is placement of outsized sell orders timed to exploit thin windows, it leans into ￰18￱ Remains to Be Proven and Done At this stage, no public audit or independent ledger-level review has definitively confirmed Binance’s involvement in engineered ￰19￱ narrative remains split between two competing interpretations: one of orchestrated intervention (as Van Code claims) and one of chaotic market ￰20￱ move forward, there’s a need for transparency at the transaction level, including order logs, trade data with timestamps, and wallet flow records, to identify unusual patterns or potential manipulation.

What’s clear is that this episode reveals a weakness in the crypto market’s ￰21￱ exchanges dominate trading and their systems aren’t transparent, big players can influence market ￰22￱ community demands hold, calls for better auditability, on-chain matching, or even decentralized alternatives (such as the XRPL DEX) may gain new ￰23￱ Van Code’s dramatic framing—“pure manipulation”—serves as more than ￰24￱ is, for many, a demand for accountability and ￰25￱ that demand yields prosecution, consequence, or reform remains to be ￰26￱ for a market built on transparency, silence is no longer ￰27￱ : This content is meant to inform and should not be considered financial ￰28￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰29￱ are urged to do in-depth research before making any investment ￰30￱ action taken by the reader is strictly at their own ￰31￱ Tabloid is not responsible for any financial ￰32￱ us on Twitter , Facebook , Telegram , and Google News