Since July 12, 2025, a user named Grape has been running his own XRPL Validator, monitoring the network in real time. What heās seen canāt simply be dismissed as coincidence.
š Whatās happening: ⢠Every few minutes, massive sums ā tens and hundreds of thousands of XRP ā are moved between exchanges. ⢠Orders appear and vanish within seconds, creating the illusion of activity. ⢠This is classic wash trading ā fake trades between wallets controlled by the same party.
š Why itās done: ⢠To distort trading volumes and market capitalization. ⢠To manipulate price indexes. ⢠To create false demand, misleading traders and trading bots.
š„ Bottom line: The entire market is going up, but every time XRP tries to break higher ā itās crushed instantly. As soon as the price approaches historical highs, a flood of sell orders hits, and the price collapses.
ā In regulated markets, this could land you in jail, but in crypto, thereās still a massive regulatory gap ā and that gap is being exploited to the fullest.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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