XRP News Today: XRP's Price Battle: Exchange Tactics vs. Whale Accumulation and Real-World Use

Allegations of price manipulation involving XRP on Binance have ignited a contentious debate within the cryptocurrency community, with analysts and validators pointing to coordinated sell-offs, wash trading, and algorithmic advantages as potential drivers of the token's stagnation. The claims, amplified by figures like Pumpius and XRPL validator Grapedrop, raise broader questions about market integrity and the role of major exchanges in shaping asset prices.

Crypto analyst Pumpius argues that Binance is deliberately suppressing XRP's price to maintain its dominance in the market. "Whenever Ripple gains positive attention-like resolving its SEC lawsuit-waves of sell orders appear across Binance," Pumpius stated, suggesting a coordinated effort to keep XRP from breaking out as a major player. This theory is supported by on-chain data showing repetitive large-volume transfers between exchange wallets, including those linked to Binance and Bitget, which Grapedrop flagged as indicative of wash trading.

Vincent Van Code, a software engineer and crypto expert, added nuance to the discussion by highlighting the role of high-frequency trading (HFT) and low-volume environments in facilitating manipulation. "When volumes are low, it's easy to manipulate price," Van Code tweeted, noting over 500 small orders below $6 XRP observed on Binance. While he stopped short of directly accusing Binance, he emphasized that the exchange's infrastructure "creates the environment for manipulation" by allowing VIP customers to execute trades ahead of retail investors.

The accusations extend beyond Binance. Validator Grapedrop presented data suggesting that artificial inflation of trading volumes-via repeated large transactions between exchange wallets-could distort XRP's price discovery mechanism. For instance, transactions exceeding 3 million XRP between Binance addresses and similar daily patterns at Bitget have drawn scrutiny. These activities, he argued, could mislead investors and algorithms reliant on volume-weighted price metrics.

Despite the manipulation claims, XRP's fundamentals show resilience. Ripple's ecosystem continues to expand, with projects like DNA Protocol leveraging the XRP Ledger and Chinese supply chain giant Linklogis integrating XRP for cross-border finance. Whale accumulation has also been noted, with 340 million XRP tokens reportedly hoarded by large investors over two weeks, signaling long-term confidence.

Technical analysts offer a mixed outlook. EGRAG CRYPTO identified an ascending triangle pattern in XRP's price action, suggesting a potential breakout between $3.05–$3.10 in late 2025. However, the token remains vulnerable to selling pressure, with active addresses on the XRP Ledger dropping from 45,000 in July to 20,000 currently.

Binance and other exchanges have yet to formally respond to the allegations. A fact-check by Coinpedia on similar claims against Coinbase found no verified evidence of manipulation, though it acknowledged that reduced XRP holdings on exchanges are consistent with routine liquidity management.

The debate underscores the crypto market's struggle with transparency. While proponents of XRP highlight its real-world utility and institutional adoption, critics warn of systemic risks posed by unregulated trading practices. "The market is dominated by bots and algorithms," said commentator "All Things XRP," noting that 75% of crypto trades are automated.

For investors, the situation presents a dilemma. Short-term volatility and manipulation risks may deter speculative trading, but long-term fundamentals-such as Ripple's expanding payment corridors and whale accumulation-could drive value appreciation. As regulatory scrutiny intensifies, the outcome of this saga may shape the future of market oversight in crypto.

[1] Binance-XRP Manipulation Claims Spark Crypto Market Debate (https://thefinancialanalyst.net/2025/09/04/binance-xrp-manipulation-claims-spark-crypto-market-debate/)

[2] Expert Exposes Market Manipulation That Suppresses XRP Price (https://timestabloid.com/expert-exposes-market-manipulation-that-suppresses-xrp-price/)

[3] Binance Dumping XRP Allegations Put Token Under ... (https://thecurrencyanalytics.com/altcoins/binance-accused-of-dumping-xrp-as-price-struggles-to-hold-2-80-194258)

[4] Experts Explain Why XRP Price Action Might Not Be ... (https://thecryptobasic.com/2025/05/10/experts-explain-why-xrp-price-action-might-not-be-organic/)

[8] XRP Price Manipulation Claims Stir Concern (https://xrprightnow.com/xrp-price-analysis/xrp-price-manipulation-claims-stir-concern-among-validators/)

[9] Fact Check: Is Coinbase Manipulating the XRP Price? (https://coinpedia.org/news/fact-check-is-coinbase-manipulating-the-xrp-price/)

[7] Will XRP Explode in 2025? Chart Pattern Hints at Major ... (https://blocknews.com/will-xrp-explode-in-2025-chart-pattern-hints-at-major-upside-ahead/)