- •Analyst Egrag flagged a rare anomaly where XRP’s delta volume hit -200% with zero recorded buys, showing overwhelming sell pressure around $2.85.
- •Indicators confirmed bearish dominance — negative sentiment, strong volatility, and heavy selling despite key support holding.
- •Whether manipulation or a liquidity washout, the event highlights XRP’s fragile intraday market.
Egrag Crypto, a widely followed XRP analyst, has raised alarms over unusual activity in the market. In a post on X, he stated: “XRP – LTF: I’ve Never Seen This Before! Right now, the delta is at -200% and buys are sitting at zero. Are you seriously telling me that no one is even buying 1 single XRP? This looks like pure manipulation and heavy selling pressure!”
The Chart Breakdown
The chart shared shows XRP trading around $2.85 with sharp red candlesticks marking aggressive downward pressure.
Highlighted in the analysis is a delta volume reading of -200%, paired with zero recorded buy volume. This unusual imbalance indicates that, during that snapshot, sell orders completely dominated the market with about 37,000 orders while buyers were virtually absent.
#XRP – LTF: I’ve Never Seen This Before! 😱
Right now, the delta is at -200% and buys are sitting at zero.
Are you seriously telling me that no one is buying even fucking buying 1 single #XRP? 🤯
This looks like pure manipulation and heavy selling pressure!
I usually don’t… pic.twitter.com/UxmVD7WcFa
— EGRAG CRYPTO (@egragcrypto) September 30, 2025
Other indicators on the chart confirm the bearish weight:
Trend Strength is ranging at 7.26%, showing indecision in price direction. Also, volume Sentiment is deeply negative at -5.60%, pointing to dominant sell pressure.
Egrag also noted that the Lux volatility is marked high, suggesting that price swings could intensify. A key support sits around $2.85, labeled as TP1, but sellers continue to weigh heavily on the market.
Manipulation or Market Washout?
Egrag stressed that he rarely shares LTF frames, but the anomaly was so striking that he felt compelled to post it. The suggestion of manipulation echoes a long-running debate within the XRP community, where sudden sell-offs and lack of transparent liquidity often raise eyebrows.
Still, some argue this could simply reflect a localized washout, with bots and large sellers clearing liquidity at thinner time frames.
Some traders echoed Egrag’s sentiment, calling the move suspicious, while others argued that extreme readings on delta volume can reflect temporary order clustering rather than outright manipulation. Still, the sight of “zero buys” in the data shook even seasoned analysts.
What It Means for XRP Holders
For holders, the data highlights the fragility of XRP’s intraday liquidity profile. While the long-term consolidation remains intact, events like these show how big accounts can overwhelm books at critical price points, often leaving retail traders confused or shaken out.
Egrag’s warning was clear: stay cautious, recognize the signs of pressure, and don’t underestimate how quickly things can shift in manipulated conditions.