Binance in the crypto money market XRP The claim that it was a deliberate sales pressure on it came up. Experts said that this claim was effective in the last decline in Altcoin’s price. Although the XRP lost value in the last week, it recovered in the last 24 hours.
Binance’s role on XRP is discussed
Crypto currency expert Pumpius said in a statement on X account BinanceHe argued that it was a sales pressure to limit the rise of XRP. According to Pumpius, the stock market creates liquidity ejaculation aimed at individual investors to protect market -making strategies. Ripple 
$2.80 Following the positive developments in favor of the increasing waves of sales were not a coincidence and planned movements were claimed.
Analyst Pepso Da Binance’s over $ 1.5 billion in a short time Ethereum 
$4,387.59 He said he sold. He said that the transactions were carried out through Wintermute. Pepesso reported that similar examples were also seen in the Solana market and that these sales create an impression of organic pressure in the eyes of investors. In this process, he added that leveraged investors were collectively liquidated and the stock exchanges earn additional income in this way.
Latest situation in XRP price
The XRP lost 4 percent in the last week and decomposed from the market throughout the market. However, it rose to 2.80 dollars with an increase of 1.94 percent in the last 24 hours. The crypto fear and greed index declined from the “greed” level to the “neutral” region a month ago. According to Blockchain data, the number of active addresses of the XRP has decreased to 20,000 in mid -July, while today.
In addition, it was reported that large investors were purchased. The data reveals that approximately 340 million Coins in the last two weeks have been added to the whale level wallets. In addition, Chinese -based supply chain company linklogis, to support the global finance platform Xrp ledgerbegan to use. This development points to the growth of Ripple ecosystem in Asia.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
