XRP Price Suppression? Analyst Points To Big Banks And Private Equity Players
Reports are circulating that big financial players may be quietly buying XRP while the price sits near $2.18. If true, that could help explain why XRP hasn’t pushed past $3 even as trader interest grows. Some observers point to shrinking exchange wallets and limited disclosures as hints that accumulation is happening off-exchange. Related Reading: Upbit’s […]
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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 Binance. According to him, the exchange wants to protect its position because the digital currency poses a threat to the system it has built over the years. He says the exchange is doing more than just selling tokens; it is working to hold XRP back. Binance Accused Of Coordinating XRP Price Suppression Pumpius says Binance is not only selling XRP but is also actively manipulating the market around it. He points to sudden drops in liquidity, heavy....
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