Altcoins News

Story: Binance Accused of Dumping XRP as Price Struggles to Hold $2.80

By Dan Saada

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Expert Calls Out Binance. Crypto analyst Pumpius took to X (formerly Twitter) to argue that Binance has been intentionally…

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Coordinated Selling and Its Implications. Critics of the exchange argue that coordinated selling campaigns create the illusion of organic…

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XRP’s Struggle to Rebound. While accusations swirl, XRP continues to face pressure in the market.

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Positive Developments Amid Pressure. Despite these challenges, not all signs are negative for XRP.

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XRP vs Remittix: A Growing Debate. As XRP navigates these headwinds, comparisons to emerging payment-focused tokens like Remittix…

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What’s Next for XRP Holders?. For XRP investors, the weeks ahead could prove critical.

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Conclusion. The debate over Binance’s role in XRP’s price decline underscores the challenges of transparency…

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The world’s largest cryptocurrency exchange, Binance, is under scrutiny after claims surfaced that it has been deliberately selling off XRP to suppress its price.

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These allegations come at a time when XRP has been struggling to regain momentum. Despite broader market recovery, XRP has fallen by around 4% in the past week, now trading close…

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Crypto analyst Pumpius took to X (formerly Twitter) to argue that Binance has been intentionally placing sell pressure on XRP to block its breakout potential.

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Pumpius pointed to a recurring pattern: whenever Ripple or XRP gains positive attention—such as the resolution of its long-running lawsuit—waves of sell orders seem to appear…

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Another analyst, Pepesso, backed this claim, noting that Binance recently offloaded more than $1.5 billion worth of Ethereum in just one week.

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Critics of the exchange argue that coordinated selling campaigns create the illusion of organic market activity, driving prices lower while liquidating leveraged traders in the…

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This is not a new concern in the crypto market. In 2024, several sudden sell-offs across major tokens wiped out hundreds of millions of dollars in trader positions in a single day.

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For Binance, these allegations highlight a potential conflict of interest. As both an exchange operator and a participant in market-making activity, questions arise over whether…

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