• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
XRP

XRP Price Being Manipulated? XRPL Validator Shares Scathing Blockchain Findings

Scott Matherson
by Scott Matherson
2 weeks ago
·
Posted in XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

An XRPL validator operating under the name Grapedrop, or Grape, has published data that he claims shows patterns of trading activity manipulation capable of influencing the price of XRP. The data, which was first posted on the social media platform X, includes screenshots from the XRPL Console and examples of live transactions, forming what the validator described as a clear on-ledger footprint of unusually large and repetitive transfers between exchange addresses.

Validator Alleges Wash Trading Patterns On The XRP Ledger

Out of roughly 1,000 XRPL nodes in existence, about 150 to 170 are active validators, and Grape’s node is one of them. Grape confirmed that he has been operating a validator since July 12, 2025, which has given him real-time oversight of transactions on the network. Interestingly, Grape stated that his findings are the result of systematic tracking using a custom Python tool that is designed to monitor and flag payments above 10,000 XRP. 

Related Reading: XRPL Infrastructure: Ripple CTO Shares ‘Most Useful Thing’ For The Network

Since activating his validator, he has documented thousands of such high-value movements, often involving popular crypto exchanges like Bitget and Binance. His flagged transactions include examples such as 49,900 XRP, 67,655 XRP, and 146,757 XRP, with similar transfers recorded multiple times per hour and thousands of volumes a day.

XRP
Source: Grape on X

The destinations and sources of these payments often connect to exchange-controlled wallets. However, the volume and frequency are standing well above the normal retail activity. The screenshots shared show consistent high-value movements to and from these crypto exchanges. 

An example is shown in the Console data below. Transactions include 3,018,977.72 XRP, 460,119 XRP, and 146,757.57 XRP, originating from one Binance-controlled wallet to another. This trend is more of an organized pattern rather than normal trading activity among traders.

Is The XRP Price Being Manipulated?

Grape explained that XRP’s price is often calculated using volume-weighted averages. As such, repeatedly moving large volumes between exchanges can inflate these volume figures and manipulate the calculations of market cap.

Related Reading: Ripple’s XRP Cannot Replace SWIFT? Expert Says This Crypto Is A Better Fit

This activity, referred to as wash trading, is done to create an impression of artificial demand, which in turn tricks other people or other automated bots into buying into the crypto.

Responses to the findings by the XRPL validator have been divided, but most comments on his social media posts seem to agree with the manipulation explanation. One of the responses came from “Crypto Bitlord,” an account with over 415,000 followers on the social media platform. “It seems pretty accurate. And what you found in a short time imagine what you’ll find over time,” he said.

In response, Grape noted that an enhanced version to deeply analyze and identify XRP price manipulation is currently being developed. 

Grapedrop’s findings certainly raise concern, but they stop short of actually proving price manipulation. At the time of writing, XRP is trading at $3.27, up by 1.5% in the past 24 hours.

XRP
XRP trading at $3.23 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

emirates-crypto-pay-xrp-billets-avion-2026

Crypto et aviation : Emirates choisit le XRP pour 2026

5 hours ago
Ripple news

Ripple–Thunes Deal Targets Faster Payments Across 7 Billion Accounts

7 hours ago
xrp cardano_charles_hoskinson_ada_adausd_optimized

BlackRock Holds Back on XRP as ETF Rumors Heat Up for Cardano, Polkadot, and Chainlink

13 hours ago
Ripple XRP vs SWIFT news

Banks Won’t Trust Ripple And XRP, SWIFT CIO Says

15 hours ago
XRP ETF Ripple

XRP ETF Launch Is On The Horizon: Experts Share Their Expectations

16 hours ago
Ripple

Is Ripple Dumping XRP? Pundit Calls Out Founders, Threatens To Take Action

1 day ago

Premium Sponsors

Press Releases

  • Cloud Mining Poised for Growth Amid Ethereum DeFi...

    5 minutes ago
  • XRP Holders Migrate to BAY Miner, Opening One-Click Mobile...

    6 minutes ago
  • MEXC Joins Ondo Global Markets Alliance and Lists Tokenized...

    50 minutes ago
  • CredShields’ H1 2025 Web3 Security Report: $2.72B...

    2 hours ago
  • Trust Wallet Brings Tokenized Stocks & ETFs Onchain...

    2 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.