XRPL Validator Shares Transaction Data Allegedly Showing XRP Price Manipulation
The post XRPL Validator Shares Transaction Data Allegedly Showing XRP Price Manipulation appeared on BitcoinEthereumNews.com. Grapedrop, an XRP Ledger (XRPL) validator, has revealed what he believes could be signs of XRP price manipulation. In a recent disclosure on X, Grapedrop confirmed that since launching his XRPL validator on July 12, 2025, he has tracked blockchain activity that raised concerns about market manipulation. XRPL Validator Warns of XRP Price Manipulation He pointed out that while the XRPL network has about 1,000 nodes worldwide, only 150 to 170 actively validate transactions on the main network, and his is one of them. With this access, he began monitoring transactions in real time. The community commentator revealed that he built a Python tool that flags any XRP payment larger than 10,000 tokens. He insisted that the results were hard to ignore, as large transfers continued to move tokens every few minutes. Some of the transactions he tracked involved 49,900 XRP, 67,655 XRP, and even 146,757 XRP. He claimed many of these high-value transfers linked back to exchange addresses such as Bitget and other platforms. To him, these amounts exceed normal retail trading behavior, suggesting coordinated or institutional activity. 3/6 – Some examples from my logs:• 49,900 XRP• 67,655 XRP• 146,757 XRPThousands of these volumes a day.
The post XRPL Validator Shares Transaction Data Allegedly Showing XRP Price Manipulation appeared on BitcoinEthereumNews.com.
Grapedrop, an XRP Ledger (XRPL) validator, has revealed what he believes could be signs of XRP price manipulation. In a recent disclosure on X, Grapedrop confirmed that since launching his XRPL validator on July 12, 2025, he has tracked blockchain activity that raised concerns about market manipulation. XRPL Validator Warns of XRP Price Manipulation He pointed out that while the XRPL network has about 1,000 nodes worldwide, only 150 to 170 actively validate transactions on the main network, and his is one of them. With this access, he began monitoring transactions in real time. The community commentator revealed that he built a Python tool that flags any XRP payment larger than 10,000 tokens. He insisted that the results were hard to ignore, as large transfers continued to move tokens every few minutes. Some of the transactions he tracked involved 49,900 XRP, 67,655 XRP, and even 146,757 XRP. He claimed many of these high-value transfers linked back to exchange addresses such as Bitget and other platforms. To him, these amounts exceed normal retail trading behavior, suggesting coordinated or institutional activity. 3/6 – Some examples from my logs:• 49,900 XRP• 67,655 XRP• 146,757 XRPThousands of these volumes a day.
What's Your Reaction?
