Rumors have been flying online that Binance may be offloading a ton of XRP. There is speculation that exchanges to XRP prices through laundry transactions can affect XRP prices by shifting tokens between wallets at high speeds so that trading activities look bigger than they actually are.
How did the claim begin?
In a recent post about X, an account named Pumpius argued that Binance may be intentionally maintaining pressure on XRP prices. The exchange is lowering the tokens to discourage retail investors, but larger players and insiders are quietly piling up cheaper levels, according to the thread.
However, platforms like Arkham, Santiment, Nansen and Cryptoquant have yet to observe transactions to back up rumors. It is safe to say that no claims have been confirmed at this point.
XRP supporters also doubted the coordinated war, saying this was part of a broader battle between exchanges, regulators and major crypto assets. However, the claim turned out to be false. This was an important statement to verify, if it was true, as XRP could have faced a price drop and influenced investors’ trust in the coin.
Why are these rumors spreading?
A talk from Binance Dumping XRP was won a few weeks after news broke that Ripple co-founder Chris Larsen moved around XRP ($175 million at the time) between July 17th and July 24th, and that $140 million had moved directly to the exchange. In total, Larsen shifted around XRP 166 million in 2025, causing fear of potential sale and concerns about price volatility.
At the same time, XRP has slipped under $3 and is currently testing a lower support zone. The coin began in September in the range of $2.80-$2.73 and is currently trading at around $2.81. While XRP’s movement is closely related to the broader crypto market rather than being driven solely by Binance, overall market sentiment plays a major role in shaping the direction of prices.