In a video released on Thursday, crypto commentator Zach Rector dismantled a viral claim—popularized by influencer Jake Clover—that XRP tokens are secretly changing hands for $100,000 apiece inside clandestine “dark pools.” Rector’s 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.
XRP OTC Deals Aren’t Market Manipulation
Rector opens the broadcast by calling the thesis “a new round of misinformation and FUD,” stressing that “institutions are [not] going to get XRP at $100,000 on the private ledger. That’s not happening.” He explains that what social-media accounts now label “dark pools” are simply over-the-counter (OTC) desks—private bilateral venues that large holders have used for decades in equities, foreign exchange and, more recently, digital assets.
“It’s nothing new or specific to XRP,” he says, adding that Rip
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