Why XRP Can’t Break Out: The Binance Conspiracy Theory

• Expert claims Binance deliberately suppresses XRP prices through coordinated selling.

• XRP trades at $2.81, but network activity dropped from 45,000 to 20,000 addresses.

• Whales bought 340 million tokens while companies adopted XRP despite price struggles.

Cryptocurrency analysts have raised serious concerns about alleged market manipulation tactics targeting XRP, with prominent crypto expert Pumpius claiming that Binance is actively suppressing the token’s price through coordinated sell pressure. Recent validator data has flagged suspicious large-volume transactions that may artificially influence XRP prices, adding credibility to these manipulation claims.

At the time of writing, XRP is trading at 2.81 showing an increase of 0.43% over the past 24 hours. The token’s struggle occurs despite positive fundamental developments and whale accumulation patterns.

Exchange Tactics Raise Market Integrity Questions

Pumpius argues that Binance’s business model depends on retail trader activity and artificial liquidity manipulation. The expert suggests that XRP’s utility potential threatens established market-making strategies that major exchanges have relied upon for revenue generation. This creates an incentive structure where suppressing XRP serves exchange interests.

Market observers point to suspicious timing patterns. Positive XRP developments, including legal victories and partnership announcements, consistently coincide with sudden selling waves. Critics argue this pattern indicates coordinated suppression rather than organic market movements.

Supporting evidence includes Binance’s documented transfer of over $1.5 billion worth of Ethereum through market-making firm Wintermute within one week. Analysts suggest similar coordination affects XRP markets, with institutional selling creating artificial downward pressure while simultaneously liquidating leveraged retail positions.

Source: X

XRP Ledger validator operators have developed monitoring systems tracking transactions exceeding 10,000 XRP, revealing frequent large-scale transfers between exchange-controlled addresses that appear inconsistent with typical retail trading patterns. These transactions often involve hundreds of thousands of tokens moving at regular intervals.

Network activity metrics support manipulation theories. Active XRP Ledger addresses declined from approximately 45,000 in mid-July to around 20,000. This reduction in network participation makes the token more vulnerable to external selling pressure from institutional actors.

The Crypto Fear & Greed Index shifted from “greed” levels to “neutral” territory over the past month, reflecting growing investor caution. Market sentiment indicators suggest retail participants are becoming increasingly wary of XRP’s price action patterns.

Whale Activity Contradicts Bearish Price Action

Despite coordinated selling allegations, on-chain data reveals significant whale accumulation. Large investors added approximately 340 million XRP tokens over two weeks, indicating institutional confidence in the asset’s long-term prospects.

Corporate adoption continues to expand XRP’s utility. Chinese supply chain giant Linklogis recently integrated XRP Ledger technology into its global finance platform, marking another advancement for Ripple’s ecosystem in Asian markets. Such developments traditionally drive positive price momentum in cryptocurrency markets.

The disconnect between fundamental progress and price performance strengthens manipulation arguments. Positive developments should theoretically support price appreciation, yet XRP continues experiencing downward pressure despite growing utility and institutional adoption.

Price prediction models suggest XRP could reach between $3.08-$4.44 in 2025, with longer-term forecasts projecting potential gains toward $9-$10 by 2030. However, these projections assume normal market conditions without coordinated suppression activities.