Rumors have been flying on-line that Binance could also be offloading a ton of XRP. There’s hypothesis that exchanges to XRP costs via laundry transactions can have an effect on XRP costs by shifting tokens between wallets at excessive speeds in order that buying and selling actions look greater than they really are.
How did the declare start?
In a current submit about X, an account named Pumpius argued that Binance could also be deliberately sustaining stress on XRP costs. The change is decreasing the tokens to discourage retail buyers, however bigger gamers and insiders are quietly piling up cheaper ranges, in accordance with the thread.
Nonetheless, platforms like Arkham, Santiment, Nansen and Cryptoquant have but to watch transactions to again up rumors. It’s secure to say that no claims have been confirmed at this level.
XRP supporters additionally doubted the coordinated struggle, saying this was a part of a broader battle between exchanges, regulators and main crypto property. Nonetheless, the declare turned out to be false. This was an vital assertion to confirm, if it was true, as XRP might have confronted a value drop and influenced buyers’ belief within the coin.
Why are these rumors spreading?
A chat from Binance Dumping XRP was received a couple of weeks after information broke that Ripple co-founder Chris Larsen moved round XRP ($175 million on the time) between July seventeenth and July twenty fourth, and that $140 million had moved on to the change. In complete, Larsen shifted round XRP 166 million in 2025, inflicting worry of potential sale and issues about value volatility.
On the identical time, XRP has slipped beneath $3 and is at present testing a decrease assist zone. The coin started in September within the vary of $2.80-$2.73 and is at present buying and selling at round $2.81. Whereas XRP’s motion is carefully associated to the broader crypto market slightly than being pushed solely by Binance, total market sentiment performs a serious position in shaping the route of costs.
