when

Coin

<ul class="news-points">
 <li>Ripple is accused of routinely trading XRP for Bitcoin during market uptrends.</li>
 <li>The allegations suggest Ripple’s strategic moves may have contributed to XRP’s underperformance against Bitcoin.</li>
 <li>However, the crypto detective acknowledged that the claims were mere conspiracies.</li>
</ul>
Amid ongoing discussion surrounding XRP’s underperformance, a prominent crypto investigator known as “Mr. Huber” has reignited <a href="https://coinedition.com/crypto-expert-says-ripple-sells-xrp-for-bitcoin-details/" rel="noopener noreferrer nofollow">allegations</a> that Ripple regularly converts XRP into Bitcoin, particularly during significant market uptrends for BTC.
The discussion began when Mr. Huber <a href="https://x.com/Leerzeit/status/1767957001529647242?s=20" target="_blank" rel="noopener noreferrer nofollow">drew attention</a> to the disparity in XRP’s supply increase compared to other prominent cryptocurrencies like Bitcoin, Ethereum, Cardano, and Solana, all of which have experienced considerable surges in the current bullish market cycle.
In response to Mr. Huber’s revelation, X user Franco Cappello <a href="https://x.com/loogart/status/1767980109946864015?s=20" target="_blank" rel="noopener noreferrer nofollow">shared</a> a graph illustrating XRP’s declining performance against Bitcoin since July 2023. Observing XRP’s prolonged declining trend against BTC, Cappello alleged that Ripple had accumulated Bitcoin during this period.&nbsp;
He argued that&nbsp; Ripple’s accumulation of Bitcoin likely contributed to XRP’s underperforman…
The post <a href="https://coinedition.com/ripple-routinely-trades-xrp-for-btc-amid-market-upswings-crypto-investigator/" rel="noopener noreferrer nofollow">Ripple Routinely Trades XRP for BTC Amid Market Upswings: Crypto Investigator</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple Routinely Trades XRP for BTC Amid Market Upswings: Crypto Investigator

Coin Edition

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