Hilton Warns of Market Manipulation Behind XRP's Volatile Price Movements
Crypto commentator Austin Hilton has addressed concerns about XRP's sharp price movements, suggesting that manipulation is an issue affecting major cryptocurrencies.
In a video shared by crypto enthusiast Shelly Carter, Hilton pointed to repeated pumps and sudden drops in XRP's price as evidence of market manipulation.
Hilton emphasized that XRP's size does not make it immune to manipulation, citing liquidity and the overall structure of the market as factors that leave room for large market participants to influence prices through relatively small percentage moves.
He attributed potential manipulation to large market makers, major exchanges, and institutional buyers, who can generate significant returns from modest price movements.