XRP's $1.50 Surge: Is Whale Manipulation Driving the Rally?

Crypto market analysts are pointing to Michael Saylor's Strategy as the cause of XRP's price surge above $1.50, but one expert disagrees.

Crypto commentator Levi Rietveld argues that a single institutional purchase is unlikely to drive such a significant price increase, especially when compared to past instances where similar buys had little impact on the market.

Rietveld attributes XRP's rally to 'whale manipulation', suggesting that large-scale market participants with substantial capital have been actively positioning themselves in the ecosystem.

A notable whale recently added to their XRP long position, contributing to the concentrated buying pressure and rapid price action seen in recent days.