Ripple CEO Denies XRP Price Manipulation
XRP (XRP)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Ripple CEO Brad Garlinghouse has addressed claims regarding XRP price manipulation. He explained that while Ripple does not have direct control over the asset, higher transaction volumes and prices benefit the XRP ecosystem. The outlet shared a link to a video where Garlinghouse elaborates on these points. The story highlights the distinction between direct control and ecosystem benefits driven by volume.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 28 September 2026. Not the outlet's figures.
XRP is trading at $1.52 with a 1-hour buy ratio of 57.6%, indicating a short-term surge in buying activity compared to the 49.2% seen over the past 4 hours. This recent buying pressure contrasts with the 24-hour buy ratio of 46.0%, suggesting that the current momentum is stronger than the daily average. The 1-hour volume delta is positive at +$1,246,822, showing net inflows, whereas the 4-hour delta is negative at -$831,365. Over the full day, the volume delta is -$13,991,073, with a cumulative CVD of -$7,501,336, indicating that sellers have dominated the broader timeframe despite the recent uptick. Net buying has occurred for only 10 of the last 24 hours, with spot volume reaching $173,509,014 across 742,428 trades.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.7%, making today's 24-hour ratio of 46.0% a decline of 3.8 points. Trading volume has been subdued, recorded at 0.46x the weekly average, while the price has risen by 7.5% over eight days. The total volume delta for the week is +$5,195,911, with net buying observed on only 3 of the past 7 days. This indicates that while the price has appreciated, the volume activity is significantly below normal levels. The current day represents a shift toward lower relative volume compared to the weekly baseline.