Coinbase XRP Reduction Fuels Rumors, Lawyer Says Price Stable
- Alleged Coinbase cut XRP holdings by 69%, with a 0.87 correlation to price caps.
- Lawyer Bill Morgan disputes alleged manipulation, saying XRP follows typical market trends.
- XRP stays above $2.65 support; a breakout above $3.10 could confirm the bullish trend.
Speculation is growing in the crypto community that Coinbase may be manipulating the price of XRP. It intensified after an investor claimed on-chain data revealed that Coinbase slashed its XRP holdings, cutting its stash from around 780 million tokens to just 199 million in recent weeks, a massive 69% reduction. XRP supporters even presented an “XRP Suppression Index,” which showed a strong 0.87 correlation between Coinbase’s sell-offs and XRP price caps.
— Stern Drew (@SternDrewCrypto) September 5, 2025
COINBASE IS MANIPULATING XRP
XRPScan data shows Coinbase cut its stash from 780M → 199M XRP in weeks – a 69% slash.
Once the 5th-largest holder, they’re now barely in the top 10.
This isn’t normal selling. It looks like coordinated manipulation. Let’s decodepic.twitter.com/yGrxPRku2l
Lawyer Responds to Manipulation Claims
Reacting to these claims, pro-XRP attorney Bill Morgan acknowl…
The post Coinbase XRP Reduction Fuels Rumors, Lawyer Says Price Stable appeared first on Coin Edition.
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XRP (XRP) Price Prediction For September 10
Coinbase XRP Reduction Fuels Rumors, Lawyer Says Price Stable
- Alleged Coinbase cut XRP holdings by 69%, with a 0.87 correlation to price caps.
- Lawyer Bill Morgan disputes alleged manipulation, saying XRP follows typical market trends.
- XRP stays above $2.65 support; a breakout above $3.10 could confirm the bullish trend.
Speculation is growing in the crypto community that Coinbase may be manipulating the price of XRP. It intensified after an investor claimed on-chain data revealed that Coinbase slashed its XRP holdings, cutting its stash from around 780 million tokens to just 199 million in recent weeks, a massive 69% reduction. XRP supporters even presented an “XRP Suppression Index,” which showed a strong 0.87 correlation between Coinbase’s sell-offs and XRP price caps.
— Stern Drew (@SternDrewCrypto) September 5, 2025
XRPScan data shows Coinbase cut its stash from 780M → 199M XRP in weeks – a 69% slash.
Once the 5th-largest holder, they’re now barely in the top 10.
This isn’t normal selling. It looks like coordinated manipulation. Let’s decode
Lawyer Responds to Manipulation Claims
Reacting to these claims, pro-XRP attorney Bill Morgan acknowl…
The post Coinbase XRP Reduction Fuels Rumors, Lawyer Says Price Stable appeared first on Coin Edition.
Читать больше
Ripple Cements European Foothold With Major BBVA Spain Deal