Binance Allegedly Dumps XRP, $1.5B Moves Fuel Price Decline

Pumpius claims Binance is selling XRP to crash the price, market manipulation concerns. XRP down 4% despite positive news...

Written by: Arslan Butt • Tuesday, September 2, 2025 • 1 min read

• Last updated: Tuesday, September 2, 2025

Quick overview

Pumpius alleges that Binance is manipulating the market by selling XRP to prevent price increases.
Binance reportedly dumped over $1.5B of Ethereum through third-party market makers to disguise their actions.
XRP's price remains under pressure despite positive developments, with active addresses on the XRP Ledger declining significantly.
Whales have accumulated 340 million XRP tokens recently, indicating ongoing institutional interest despite cautious market sentiment.

Pumpius claims Binance is selling XRP to crash the price, market manipulation concerns. XRP down 4% despite positive news.

According to Pumpius, Binance targets XRP whenever good news comes out, like the end of the lawsuit. Their goal is to keep XRP as “just another altcoin” and prevent it from threatening their market making strategies.

Pepesso says Binance dumped over $1.5B of Ethereum in one week through Wintermute to hide their role. Coordinated selling creates the illusion of organic market activity and forces leveraged traders into liquidation. Similar patterns were seen in Solana markets, now broader scrutiny on exchange practices.

Every 4 hours Binance dumps the market, the level of manipulation to keep the price low is absurd👎💩

— Jose Paulo Shebbas 🔥🚀🔥🚀👽 (@jotashebbas) September 1, 2025

Key Points:

Binance dumping XRP to prevent breakout
$1.5B Ethereum offloaded through 3rd party market makers
Coordinated selling targets leveraged traders, creates artificial pressure

XRP Price and Market Sentiment

Despite the attempts to bounce, XRP is trading around $2.80, up 1.94% from the week low. The broader market is up modestly but XRP is still lagging.

The Crypto Fear & Greed Index just went from “greed” to neutral, investors are getting cautious. On-chain data shows active addresses on the XRP Ledger have dropped from 45,000 in mid-July to 20,000, more participants are leaving and more vulnerable to external selling pressure.

Ecosystem Developments Could Be Bullish

Despite the bearish pressure, the XRP network is still seeing adoption. Whales have accumulated 340 million tokens over the last two weeks, institutions are still interested. Linklogis, a Chinese supply chain giant, integrated the XRP Ledger to support their global finance operations, Ripple is getting stronger in Asia.

If this continues, XRP could bounce and test previous highs. But with exchange selling and retail sentiment cautious, the market is still a delicate balance between downside and upside.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.