A prominent voice within the XRP community has issued a direct message to holders of the cryptocurrency, urging them to take immediate action regarding their digital assets. According to a statement shared by social media user Pumpius, investors who continue to store XRP on centralized exchanges may be unknowingly contributing to price suppression.
The pundit warned that centralized exchanges are not just platforms for trading but also key players in determining market behavior. These exchanges reportedly manage volume and liquidity in ways that can keep the price of XRP artificially low. As a result, the message emphasized that holders have the power to disrupt this pattern by removing their tokens from these platforms.
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Investors were strongly encouraged to move their XRP into self-custody wallets such as Xaman, Tangem, or Ledger. According to the statement, reducing the supply of XRP on centralized exchanges could help create scarcity and support a more organic price increase.
In addition to concerns about price, the message pointed to the risks associated with leaving assets in the hands of third parties. These include sudden account freezes, withdrawal restrictions, or even the complete shutdown of exchange platforms. The advice was clear—control your keys to secure your assets.
Call for Decentralized Control Gains Momentum Among XRP Holders
The statement also underscored a long-standing principle in the cryptocurrency world: owning the keys means owning the assets. Without private key access, holders risk losing control of their XRP in situations beyond their control. This has fueled a larger conversation among users who now advocate for decentralized storage as a safer and more empowering option.
Pumpius added that failing to move XRP into personal custody could result in tokens being used as exit liquidity by larger investors. This scenario poses a potential threat to retail holders during periods of market instability, making self-custody not just a preference but a strategic move.
The growing concerns reflect broader shifts in the digital asset landscape, where personal ownership and control are becoming key priorities. Many users are acting on these warnings, choosing wallets that provide full access and autonomy.
Conclusion
As discussions around manipulation and risk in the crypto space intensify, XRP holders are being called to take proactive steps. By moving their assets to self-custody solutions, they may not only safeguard their holdings but also play a role in influencing the token’s true market value.
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