關鍵點

XRP是加密貨幣空間最活躍的社區之一，這也是為什麼加密用戶和觀察者密切關注頂級山寨幣的原因。

Key Points

關鍵點

* A recent post on X by a well-known figure in the crypto space, Vincent Van Code, has sparked discussion on the potential price manipulation of XRP.

* Crypto空間中著名人物Vincent Van Code在X上的最新帖子引發了有關XRP潛在價格操縱的討論。

* While the crypto community is no stranger to rumors of manipulation, especially in the wake of Bitcoin’s (BTC) and several other altcoins’ price drops after reaching new highs, XRP has been a particular subject of interest.

*雖然加密社區對操縱的謠言並不陌生，尤其是在比特幣（BTC）之後，並且在達到新的高點後，其他幾個Altcoins的價格下跌，但XRP一直是一個特別感興趣的主題。

* According to Code, crypto exchange giant Binance allegedly enables the "VIPs" to "fleece retail."

*根據代碼，加密交易所巨頭binance據稱使“ VIP”可以“羊毛零售”。

* Expressing his thoughts on the matter, Code said there was "real" market manipulation in the industry and Binance was a "key player."

* Code表示自己對此事的想法時說，該行業中有“真正的”市場操縱，而binance是“關鍵參與者”。

* According to Code, large traders or trading bots can have a significant impact on prices due to their massive orders. They spike the price to trigger stop-losses or bait retail traders into chasing the move.

*根據代碼，大型交易者或交易機器人可能會因其大規模訂單而對價格產生重大影響。他們飆升了價格，以觸發停止損失或誘餌零售商人追逐這一舉動。

* Another type of trader is one who places “fake orders.” Manipulators will place large orders that they never intend to fill to create a false impression of demand for an asset.

*另一種類型的交易者是下達“假訂單”的人。操縱者將下達他們永遠不打算填補的大訂單，以給對資產的需求產生錯誤的印象。

* An example of this is when an order is placed to buy 100,000 units of an asset at a specific price, but the manipulator has no intention of actually buying the asset at that price. The aim is to fool other traders into thinking that there is a large institutional trader or whale who is accumulating the asset.

*一個例子是下訂單以特定的價格購買100,000輛資產的單位，但是操縱器無意以該價格實際購買資產。目的是欺騙其他商人，認為有一個大型的機構交易者或鯨魚正在積累資產。

* As the price rises, the manipulator cancels the fake order and sells the asset into the momentum, grabbing liquidity from the buyers.

*隨著價格上漲，操縱器取消了假訂單，並將資產出售到勢頭中，從買家那裡獲取流動性。

* Some traders also noted how Binance was being called out for its involvement in the manipulation.

*一些交易者還指出，如何召集binance，以參與操縱。

What is market manipulation?

什麼是市場操縱？

Market manipulation is the act of deliberately influencing the market price of a security or commodity in order to deceive other market participants and generate profit. It is a serious offense that can lead to criminal charges and significant penalties.

市場操縱是故意影響安全或商品市場價格的行為，以欺騙其他市場參與者並產生利潤。這是一種嚴重的罪行，可能導致刑事指控和重大罰款。

There are several types of market manipulation, including:

市場操縱有幾種類型，包括：

* Price manipulation: This involves activities aimed at artificially affecting the price of a security or commodity. Examples include spamming buy or sell orders to create a false impression of market activity, or engaging in wash trades (trades between related parties to create fictitious volume).

*價格操縱：這涉及旨在人為影響安全或商品價格的活動。例如，垃圾郵件購買或出售訂單以創造出對市場活動的錯誤印象，或從事Wash行業（相關方之間的交易以創建虛擬量）。

* Volume manipulation: This focuses on exaggerating the trading volume of a security or commodity to mislead traders about its liquidity or price stability. It can be achieved through techniques like spinning (rapidly cycling through trades to inflate volume) or layering (placing large orders at different price levels to create an illusion of strong buying or selling pressure).

*數量操縱：這重點是誇大安全性或商品的交易量，以誤導交易者的流動性或價格穩定性。可以通過旋轉（迅速騎自行車在交易中以膨脹數量）或分層（將大訂單以不同的價格水平放置以產生強大的購買或銷售壓力的幻想）來實現。

* News manipulation: This pertains to spreading false or misleading information to influence traders' decisions. It can range from fabricating positive news about a company to induce buying interest to spreading rumors about an impending price crash to induce selling.

*新聞操作：這與傳播虛假或誤導性信息有關以影響交易者的決定。它的範圍從建立有關公司的積極新聞來引起購買興趣，再到傳播有關即將發生的價格崩潰的謠言，以誘發銷售。

* Pump and dump schemes: These are coordinated efforts to rapidly increase the price of a security and then sell it at a higher price to unsuspecting traders. They often involve high-volume trading activity, synchronized price movements, and the use of social media and online platforms to promote the security and generate hype.

*泵和轉儲計劃：這些是協調的努力，以快速提高安全價格，然後以更高的價格出售給毫無戒心的交易者。它們通常涉及大批量交易活動，同步價格變動以及使用社交媒體和在線平台來促進安全性並產生炒作。

The cryptocurrency market, known for its volatility and fast-moving nature, has seen its fair share of market manipulation concerns.

加密貨幣市場以其波動性和快速發展的性質而聞名，已經看到了其市場操縱問題的相當一部分。

The narrative around the potential price manipulation of XRP (XRP) has recently gained momentum, sparking discussion among crypto enthusiasts.

圍繞XRP（XRP）的潛在價格操縱的敘述最近增強了動力，引發了加密愛好者的討論。

While crypto users are no stranger to rumors of manipulation, especially in the wake of Bitcoin (BTC) and several other top altcoins seeing their prices drop after reaching new highs, XRP seems to be a particular subject of interest.

儘管加密用戶對操縱的謠言並不陌生，尤其是在比特幣（BTC）之後，其他幾個頂級山寨幣在達到新高點後的價格下跌，但XRP似乎是一個特別感興趣的主題。

Recently, a well-known figure in the crypto space, Vincent Van Code, took to X, formerly Twitter, to share his thoughts on what he described as "real" market manipulation in the industry and how crypto exchange giant Binance allegedly enables it.

最近，在加密貨幣領域的一個著名人物Vincent van Code（Vincent van Code）登上了X（以前是Twitter），分享了他對該行業中“真實”市場操縱的想法，以及據稱Crypto Exchange Giant Binance如何實現這一目標。

According to Code, Binance was allowing “VIP APIs” to “fleece retail,” making the crypto titan a key player in the plight of retail crypto holders who have to deal with an asset's volatility.

根據Code，Binance允許“ VIP API”進行“羊毛零售”，這使Crypto Titan成為零售加密持有人困境的關鍵參與者，他們必須處理資產的波動。

Code posted an XRP/USDT one-second chart that he said should prove there was manipulation going on, given the sudden price spikes then “sharp dumps” within very short timeframes.

Code發布了一張XRP/USDT一秒鐘的圖表，他說應該證明進行操縱，鑑於價格突然的尖峰，然後在很短的時間範圍內“尖銳的轉儲”。

He also noted how whale activity was one of the reasons for the dumping of XRP prices.

他還指出，鯨魚活動是傾倒XRP價格的原因之一。

According to the software engineer, large traders or trading bots run by large financial institutions can have a significant impact on prices due to their massive orders.

根據軟件工程師的說法，大型交易者或由大型金融機構經營的交易機器人可能會因其大規模訂單而對價格產生重大影響。

“They spike the price to trigger stop-losses or bait retail traders into chasing the move. Then they sell heavily into the momentum (known as a ‘liquidity grab’), crashing the price,” he wrote.

他寫道：“他們飆升了價格，以觸發停止損失或誘餌零售商人追逐這一舉動。然後，他們大量賣出了勢頭（稱為“流動性搶奪”），使價格崩潰了。”

There are also some traders who place “fake orders,” he said, wherein manipulators place fake orders to create a false impression of demand for a token. A price spike then takes place, triggering real buyers to come around.

他說，也有一些交易者下達“假命令”，其中操縱者下達了假命令，以對令牌的需求產生錯誤的印象。然後進行價格飆升，觸發真正的買家來了。

When real buyers are in, “spoof orders are removed and the manipulator sells into the fake rally.”

當真正的買家進入時，“刪除了欺騙命令，並且操縱者將賣給了假集會。”

The post by Code, who has a decent following on the social media platform

代碼的帖子，他在社交媒體平台上有一個不錯的追隨者