Ripple CTO David Schwartz stated that the market prices of XRP and other crypto assets are indeed a reflection of public confidence in them, and not determined by the manipulation of whales. In his opinion, in cases of too high or low prices, large traders will accordingly sell or buy the asset, pushing it. to a fair price.
He added that he does not believe whales can manipulate cryptocurrency prices at will, although many in the industry have told him otherwise.
We will remind, earlier in the discussion about the identity of the creator of bitcoin Satoshi Nakamoto, Twitter users put forward the assumption that he could be David Schwartz.