XRP failed to hit a new all-time high recently, denting community confidence. The speaker argues that large players like institutions, whales, and Ripple itself act as market controllers, deliberately pushing the price up to restore optimism when sentiment drops.
Chapters
Do you guys see this? Like that period of no all-time high. The market controllers, or whoever controls XRP's price— obviously guys, I know that it's buyers and sellers. We ultimately control the price, um, because it's just buyers and sellers. But there are big hands in the pot with this, like big institutions, big whales. Ripple themselves, right? And basically, I think that they saw that the morale was getting low. The morale was getting low, and XRP people started doubting in that period where there was no all-time high. And they're like, dude, to themselves they said, we just need to run this up.