 ▲ XRP/XRP ChatGPT-generated image |
Amid claims among XRP investors that the recent price fluctuations are not a simple downturn but a deliberate manipulation aimed at accumulation by large institutions, the movement to withdraw assets from exchanges is accelerating.
According to cryptocurrency media outlet NewsBTC on February 7 (local time), a digital asset expert known by the pseudonym Stellar Rippler strongly urged XRP holders to immediately withdraw their assets from centralized exchanges. He described the recent market volatility not as a mere correction but as a precursor to a massive shift ahead, calling for heightened vigilance among investors.
The basis for these claims lies in the analysis that Ripple’s escrowed supply represents liquidity pre-allocated for institutions. Citing past remarks by David Schwartz, co-developer of the XRP Ledger, he raised suspicions that XRP locked in escrow may have already been sold as purchase rights to major financial institutions such as BlackRock, JP Morgan, and Bank of America. Although there are no official disclosures, the view is gaining traction that the recent price drop was a deliberately engineered scenario to allow these players to accumulate at lower prices.
In fact, while the overall market turned bearish as Bitcoin (BTC) fell below $70,000, XRP has been receiving relatively positive sentiment on social media compared with other major assets. Reports have also surfaced of users at major exchanges such as Binance and Coinbase encountering difficulties during withdrawal processes, amplifying anxiety about keeping assets on exchanges. Experts advise prioritizing self-custody through cold wallets over exchange storage to protect assets.
Such downturns are likely to be used as strategic tools by large financial institutions to secure positions cheaply ahead of market restructuring. The recurring calls to “be your own bank” whenever prices plunge stem from concerns over the instability of centralized exchange systems. Analysts note that while the current rebound has not fully restored market confidence, investor sentiment toward XRP remains resilient.
Investors are encouraged to look beyond simple price movements on charts and take a multidimensional view of asset custody methods and institutional behavior. As withdrawal delays on centralized exchanges continue to recur, the proportion of personal self-custody among retail investors is expected to rise further. This episode should be closely watched as part of the growing pains in XRP’s evolution from a mere investment product into a genuine source of institutional liquidity.
*Disclaimer: This article is for investment reference only, and no responsibility is assumed for investment losses based on this content. The information should be interpreted solely for informational purposes.*