Is the price of XRP manipulated?

Expert Jaker Claver described the mechanism as a double-edged sword. In the short term, he argues, clandestine accumulation "hides the bullish momentum and drags prices down," leading retail traders to conclude that the asset has lost strength. However, in the longer term, the same process allegedly restricts the circulating supply until, he warned, "the dam breaks."

Related reading: The price of XRP takes a breather: Can the bulls recover from now on?

"Institutions are quietly draining liquidity from public exchange platforms," Claver claimed, adding that hedge funds, family offices, and even sovereign entities have begun to use the dark pool platforms now offered by major exchanges like Coinbase and Kraken, as well as new decentralized alternatives. Since transactions are only reported after their execution, he argued, "smart money leaves no trace."