![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-02_15-27-43.png?resize=1024%2C453\")
<\/p>\n","protected":false},"excerpt":{"rendered":"In a video released on Thursday, crypto commentator Zach Rector dismantled a viral claim\u2014popularized by influencer Jake Clover\u2014that XRP tokens are secretly changing hands for $100,000 apiece inside clandestine \u201cdark pools.\u201d Rector\u2019s rebuttal aims to calm newcomers spooked by the rumor and to re-center the discussion on verifiable market mechanics rather than conspiratorial price-suppression narratives.<\/p>\n
Rector opens the over-the-counter (OTC) desks\u2014private bilateral venues that large holders have used for decades in equities, foreign exchange and, more recently, digital assets.<\/p>\n
\u201cIt\u2019s nothing new or specific to XRP,\u201d he says, adding that Ripple Labs has been off-loading part of its treasury via OTC since 2019 without depressing the open-market price. Indeed, XRP has \u201cpumped tremendously since November,\u201d Rector notes, even as Ripple distributed fresh supply to institutional counterparties.<\/p>\n
Much of Clover\u2019s allegation hinges on the idea that a separate, private version of the XRP Ledger (XRPL) carries its own price\u2014orders of magnitude above the public market\u2019s. Rector calls that notion a fundamental misunderstanding of how Ripple\u2019s enterprise tooling works.<\/p>\n
Central-bank or government pilots often ask for \u201cprivate ledgers where they can keep messaging and transactions hidden from the public view,\u201d he acknowledges, but those environments are permissioned sidechains or wrapped derivatives. \u201cXRP only exists on the public XRP Ledger that we all use [\u2026]. Your XRP can never leave the XRP Ledger,\u201d he states. If testers wanted to model a six-figure price for stress-testing purposes, \u201cthat\u2019s not the real XRP, never was, never would be.\u201d<\/p>\n
To underscore the point, Rector cites Ripple chief technology officer David Schwartz, who \u201chas already addressed this\u201d and clarified that \u201cthere are not two prices of XRP.\u201d Rector also invokes examples from other enterprise-focused chains\u2014XDC\u2019s hybrid architecture and Constellation\u2019s Department of Defense \u201cMetagraph\u201d deployment\u2014to show that privacy partitions are standard practice, not evidence of hidden liquidity at surreal valuations.<\/p>\n
OTC Buyers Get A Discount<\/p>\n
While some retail traders fear that Wall Street would happily pay an astronomical premium behind closed doors, Rector argues the economics are inverted: \u201cWhy would an institution pay $10,000 per XRP on the private ledger [\u2026] when it\u2019s available on the public market for $2?\u201d OTC desks exist precisely so that whales can accumulate \u201cwithout moving the market,\u201d not to overpay.<\/p>\n
In fact, history shows that Ripple has often granted institutional partners a discount, not a markup\u2014something revealed in discovery during the SEC vs. Ripple lawsuit. Rector reminds viewers that Ripple\u2019s data set includes \u201cover 1,700 NDAs\u201d and that R3 once negotiated an option to buy five billion XRP \u201cfor a sub-penny\u201d over three years, ultimately settling for a single billion when the broader partnership soured. None of those figures approach the six-figure fantasy.<\/p>\n
At press time, XRP traded at $2.21.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
In a video released on Thursday, crypto commentator Zach Rector dismantled a viral claim\u2014popularized by influencer Jake Clover\u2014that XRP tokens are secretly changing hands for $100,000 apiece inside clandestine \u201cdark pools.\u201d Rector\u2019s rebuttal aims to calm newcomers spooked by the rumor and to re-center the discussion on verifiable market mechanics rather than conspiratorial price-suppression narratives.…<\/p>\n","protected":false},"author":1,"featured_media":4434,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361],"tags":[148,2305,2306,326,327,362],"class_list":["post-4433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-xrp","tag-xrp-dark-pools","tag-xrp-fud","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=4433"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4434"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}