Claims that Binance is actively selling off XRP have sparked online speculation and confusion. This claim was fueled by a recent X post from the account Pumpius, which suggested that Binance may be driving down the token’s price to discourage retail investors while larger players secretly accumulate it at discounted rates. However, platforms like Arkham, Santiment, Nansen, and CryptoQuant have not observed any XRP sales attributed to Binance. Despite these claims, no direct evidence has surfaced. This begs the question: where did these rumors originate? Ripple co-founder Chris Larsen has also contributed to fueling speculation by moving around $175M worth of XRP between July 17 and July 24. While some see this as a potential sell-off, it’s crucial to remember that XRP price movements are influenced by various factors including overall market sentiment, which can affect its volatility. Coinpedia has conducted independent fact-checking, analyzing official data sources. The conclusion: no evidence suggests Binance is selling off XRP or manipulating its price.