This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Coinbase has dramatically reduced its XRP holdings by 69% since Q2 2025, triggering allegations of market manipulation from some crypto commentators. Prominent XRP lawyer Bill Morgan has dismissed these claims, arguing that the token’s price movements align with historical patterns rather than deliberate suppression.
- Coinbase reduced XRP holdings by 57% in one month and 69% since Q2 2025, dropping from 5th to barely top-10 among exchange holders
- Allegations include 70% of sales occurring during low-liquidity hours and 40% routed through New York OTC desks coinciding with price dips
- XRP lawyer Bill Morgan disputes manipulation claims, noting the token's price action mirrors historical patterns and broader market trends
📎 Related coverage from: newsbtc.com