Software Engineer Exposes XRP Market Manipulation. Here’s How to Avoid It

Vincent Van Code, a software engineer and well-known figure in the XRP community, recently addressed a growing concern among retail traders regarding XRP’s susceptibility to market manipulation.In a detailed post on X, Van Code shared his observations on trading behavior and volume dynamics on major exchanges, focusing on Binance.According to Van Code, XRP’s 24-hour trading volume on Binance is significantly lower than that of Bitcoin and Ethereum. Despite still ranking third in overall volume, the relative difference is enough to create issues in liquidity.ATTN XRP ENTHUSIASTS. To stop price pump and dumps, the only way is for retail to stop getting dooped. Read on.On Binance, the 24H Volume traded shows a significantly lower XRP total volume than BTC and ETH.It is still the 3rd highest. A lower volume means shallower...— Vincent Van Code (@vincent_vancode) May 14, 2025Is XRP Being ManipulatedHe pointed out that a lower volume leads to shallower order books, making it easier to execute wash trading, spoofing, and pump-and-dump tactics. These are classic signs of market manipulation that exploit weak market structures.Van Code has previously drawn attention to price manipulation during periods of low trading volume, and he stopped short of accusing exchanges or institutional actors of directly suppressing the XRP price.Instead, he emphasized that such tactics rob the public, systematically exploiting the retail market’s trading patterns. He also alleged that Binance enables these bot operators and benefits from the activity by collecting fees.The core of Van Code’s argument is behavioral. He believes that holding for the long term is the best option, explaining that if retail investors stopped trading frequently and taking short-term profits only to rush back into the market shortly after, the impact of manipulative bots would be greatly reduced.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023Community Reaction and Broader ImplicationsCommunity members responding to the post agreed with the analysis, reinforcing the idea that frequent retail trading plays into the hands of market manipulators. One commenter noted that the charts are often designed to take out liquidity, warning traders not to become “someone’s liquidity.”Another commenter highlighted the issue of individualism within the space, saying that bots exploit the fact that most participants act in their interest rather than considering the broader ecosystem. This also suggests that traders may not follow Van Code’s suggestion, believing they can outsmart the manipulators.Others viewed the issue from a long-term investment perspective. One commenter said he did not invest in XRP for short-term trading, but rather to front-run institutional adoption—something that, if it materializes, would render bot-driven strategies irrelevant.Van Code’s post draws attention to the systemic vulnerabilities in how XRP is traded and the behavioral patterns that allow manipulation to thrive. While he acknowledges that this is not financial advice, his conclusion is clear: the solution lies in changing retail habits.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on X, Facebook, Telegram, and Google NewsThe post Software Engineer Exposes XRP Market Manipulation. Here’s How to Avoid It appeared first on Times Tabloid.