Rumors are flying on-line that Binance could also be offloading big quantities of XRP. There are speculations that the alternate may be influencing XRP’s value by means of wash buying and selling, by shifting tokens between wallets at excessive pace to make buying and selling exercise look greater than it truly is.
How Did The Declare Begin?
In a latest submit on X, an account with the title Pumpius claimed that Binance could also be purposely maintaining stress on XRP’s value. In accordance with the thread, the alternate is driving the token decrease to discourage retail buyers, whereas greater gamers and insiders quietly refill at cheaper ranges.
Nonetheless, platforms like Arkham, Santiment, Nansen, and CryptoQuant haven’t noticed any transactions but to again up the rumor. At this level, it’s protected to say the declare has not been verified.
XRP supporters additionally suspected a coordinated conflict, saying that is a part of a broader battle between exchanges, regulators, and key crypto belongings. However the declare proved to be false. This was an vital assertion to confirm as a result of if it had been true, XRP may have confronted a value decline and impacted buyers’ confidence within the coin.
Why Are These Rumours Spreading?
The discuss of Binance dumping XRP picked up weeks after information broke that Ripple co-founder Chris Larsen moved round 50 million XRP ($175M on the time) between July 17 and July 24, with $140M going on to exchanges. In complete, Larsen has shifted about 166 million XRP in 2025, sparking fears of a attainable sell-off and elevating issues about value volatility.
On the similar time, XRP’s value has slipped underneath $3 and is now testing decrease assist zones. The coin started September within the $2.80–$2.73 vary and is at present buying and selling round $2.81. Whereas XRP’s strikes are carefully linked to the broader crypto market quite than being pushed solely by Binance, total market sentiment additionally performs a giant position in shaping its value route.
