Why Some XRP Users Are Calling for a Binance Boycott
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XRP holders are calling for a boycott of Binance due to claims of unusual trading activity affecting XRP's price, which recently fell by 7.91% to around $1.45. An analyst suggests there's a pattern of coordinated selling on Binance during XRP rallies, while Binance executives attribute the volatility to macro events and leveraged liquidations.
- Some XRP holders urge a Binance boycott over unusual trading activity.
- Analyst claims XRP volume spikes suggest coordinated selling on Binance.
- Binance executives deny manipulation, citing macro events and leveraged liquidations instead.
A section of the XRP community is calling for a boycott of the exchange Binance after renewed claims that unusual trading activity may be contributing to sharp price reversals during XRP rallies. The debate intensified after XRP recorded notable volatility over the past 24 hours, trading around $1.45, down roughly 7.91%, after moving between a $1.45 low and $1.66 high.
The calls gained attention after market commentator Vincent Van Code claimed that sharp sell-offs often appear on Binance just as XRP begins accelerating upward.
Trading Pattern Raises Suspicion Among Traders
The analyst said that XRP rallies are frequently fol…
Read The Full Article Why Some XRP Users Are Calling for a Binance Boycott On Coin Edition.
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Why Some XRP Users Are Calling for a Binance Boycott
Share:
XRP holders are calling for a boycott of Binance due to claims of unusual trading activity affecting XRP's price, which recently fell by 7.91% to around $1.45. An analyst suggests there's a pattern of coordinated selling on Binance during XRP rallies, while Binance executives attribute the volatility to macro events and leveraged liquidations.
- Some XRP holders urge a Binance boycott over unusual trading activity.
- Analyst claims XRP volume spikes suggest coordinated selling on Binance.
- Binance executives deny manipulation, citing macro events and leveraged liquidations instead.
A section of the XRP community is calling for a boycott of the exchange Binance after renewed claims that unusual trading activity may be contributing to sharp price reversals during XRP rallies. The debate intensified after XRP recorded notable volatility over the past 24 hours, trading around $1.45, down roughly 7.91%, after moving between a $1.45 low and $1.66 high.
The calls gained attention after market commentator Vincent Van Code claimed that sharp sell-offs often appear on Binance just as XRP begins accelerating upward.
Trading Pattern Raises Suspicion Among Traders
The analyst said that XRP rallies are frequently fol…
Read The Full Article Why Some XRP Users Are Calling for a Binance Boycott On Coin Edition.
Read More
XRP Price Prediction: XRP Eyes Recovery While Sellers Stay Active