A prominent voice in the XRP community has sent a direct message to cryptocurrency holders, urging them to take immediate action regarding their digital assets. According to a statement shared by social media user Pumpius, investors continuing to hold XRP on centralized exchanges could inadvertently contribute to price suppression.
Experts warn that centralized exchanges are not just trading platforms but also play a key role in determining market behavior. These exchanges are said to manage volume and liquidity in ways that could artificially keep XRP prices low. Therefore, the message emphasizes that holders have the power to disrupt this pattern by removing their tokens from these platforms.
Investors are strongly encouraged to transfer their XRP into self-custody wallets like Xaman, Tangem, or Ledger. According to the statement, reducing XRP supply on centralized exchanges could help create scarcity and support more organic price increases.
Beyond price concerns, this message also highlights the risks associated with leaving assets in the hands of third parties. These risks include sudden account freezes, withdrawal restrictions, or even complete shutdowns of trading platforms. The advice is very clear—take control of your keys to protect your assets.
Calls for Decentralized Control Are Creating Momentum for XRP Holders
This statement also highlights a longstanding principle in the cryptocurrency world: owning the keys means owning the assets. Without access to private keys, holders risk losing control of their XRP in situations beyond their control. This has sparked a larger discussion among users who are now advocating for decentralized storage as a safer and more empowering option.
Pumpius added that failing to transfer XRP to personal custody could lead to tokens being used by larger investors as exit liquidity. This scenario poses a potential threat to retail holders during volatile market periods, making self-custody not just a preference but a strategic move.
Growing concerns reflect a larger shift in the digital asset landscape, where personal ownership and control are becoming top priorities. Many users are acting on these warnings, choosing wallets that provide full access and autonomy.
Conclusion
As discussions about manipulation and risks in the cryptocurrency space intensify, XRP holders are urged to take proactive steps. By transferring their assets to self-custody solutions, they can not only protect their holdings but also play a role in impacting the true market value of the token.
