关键点

XRP是加密货币空间最活跃的社区之一，这也是为什么加密用户和观察者密切关注顶级山寨币的原因。

Key Points

关键点

* 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空间中著名人物Vincent Van Code在X上的最新帖子引发了有关XRP潜在价格操纵的讨论。

* 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.

*虽然加密社区对操纵的谣言并不陌生，尤其是在比特币（BTC）之后，并且在达到新的高点后，其他几个Altcoins的价格下跌，但XRP一直是一个特别感兴趣的主题。

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

*根据代码，加密交易所巨头binance据称使“ 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表示自己对此事的想法时说，该行业中有“真正的”市场操纵，而binance是“关键参与者”。

* 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.

*根据代码，大型交易者或交易机器人可能会因其大规模订单而对价格产生重大影响。他们飙升了价格，以触发停止损失或诱饵零售商人追逐这一举动。

* 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.

*另一种类型的交易者是下达“假订单”的人。操纵者将下达他们永远不打算填补的大订单，以给对资产的需求产生错误的印象。

* 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.

*一个例子是下订单以特定的价格购买100,000辆资产的单位，但是操纵器无意以该价格实际购买资产。目的是欺骗其他商人，认为有一个大型的机构交易者或鲸鱼正在积累资产。

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

*随着价格上涨，操纵器取消了假订单，并将资产出售到势头中，从买家那里获取流动性。

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

*一些交易者还指出，如何召集binance，以参与操纵。

What is market manipulation?

什么是市场操纵？

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.

市场操纵是故意影响安全或商品市场价格的行为，以欺骗其他市场参与者并产生利润。这是一种严重的罪行，可能导致刑事指控和重大罚款。

There are several types of market manipulation, including:

市场操纵有几种类型，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).

*价格操纵：这涉及旨在人为影响安全或商品价格的活动。例如，垃圾邮件购买或出售订单以创造出对市场活动的错误印象，或从事Wash行业（相关方之间的交易以创建虚拟量）。

* 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).

*数量操纵：这重点是夸大安全性或商品的交易量，以误导交易者的流动性或价格稳定性。可以通过旋转（迅速骑自行车在交易中以膨胀数量）或分层（将大订单以不同的价格水平放置以产生强大的购买或销售压力的幻想）来实现。

* 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.

*新闻操作：这与传播虚假或误导性信息有关以影响交易者的决定。它的范围从建立有关公司的积极新闻来引起购买兴趣，再到传播有关即将发生的价格崩溃的谣言，以诱发销售。

* 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.

*泵和转储计划：这些是协调的努力，以快速提高安全价格，然后以更高的价格出售给毫无戒心的交易者。它们通常涉及大批量交易活动，同步价格变动以及使用社交媒体和在线平台来促进安全性并产生炒作。

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

加密货币市场以其波动性和快速发展的性质而闻名，已经看到了其市场操纵问题的相当一部分。

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

围绕XRP（XRP）的潜在价格操纵的叙述最近增强了动力，引发了加密爱好者的讨论。

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.

尽管加密用户对操纵的谣言并不陌生，尤其是在比特币（BTC）之后，其他几个顶级山寨币在达到新高点后的价格下跌，但XRP似乎是一个特别感兴趣的主题。

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，在加密货币领域的一个著名人物Vincent van Code（Vincent van Code）登上了X（以前是Twitter），分享了他对该行业中“真实”市场操纵的想法，以及据称Crypto Exchange Giant Binance如何实现这一目标。

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.

根据Code，Binance允许“ VIP API”进行“羊毛零售”，这使Crypto Titan成为零售加密持有人困境的关键参与者，他们必须处理资产的波动。

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发布了一张XRP/USDT一秒钟的图表，他说应该证明进行操纵，鉴于价格突然的尖峰，然后在很短的时间范围内“尖锐的转储”。

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

他还指出，鲸鱼活动是倾倒XRP价格的原因之一。

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.

根据软件工程师的说法，大型贸易商或由大型金融机构经营的交易机器人可能会因其大规模订单而对价格产生重大影响。

“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.

他写道：“他们飙升了价格，以触发停止损失或诱饵零售商人追逐这一举动。然后，他们大量卖出了势头（称为“流动性抢夺”），使价格崩溃了。”

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.

他说，也有一些交易者下达“假命令”，其中操纵者下达了假命令，以对令牌的需求产生错误的印象。然后进行价格飙升，触发真正的买家来了。

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

当真正的买家进入时，“删除了欺骗命令，并且操纵者将卖给了假集会。”

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

代码的帖子，他在社交媒体平台上有一个不错的追随者