BREAKING
165d 21h ago

On-chain Detective ZachXBT Refuses Further Support for XRP, Calls Community ‘Exit Liquidity’

XRP

XRP/USDT

$1.455
+3.23%
24h Volume

$2,431,226,288.85

24h H/L

$1.4703 / $1.4052

Change: $0.0651 (4.63%)

Long/Short
70.2%
Long: 70.2%Short: 29.8%
Funding Rate

-0.0145%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4639

2.87%

Volume (24h): -

Resistance Levels
Resistance 3$1.8487
Resistance 2$1.6763
Resistance 1$1.487
Price$1.4639
Support 1$1.3865
Support 2$1.2841
Support 3$1.1172
Pivot (PP):$1.448
Trend:Downtrend
RSI (14):36.8

According to COINOTAG on August 28, “on-chain detective” ZachXBT disclosed via a post that he had previously assisted in resolving a theft linked to an XRP ledger vulnerability, but that he will no longer offer support to that ecosystem. His statement was framed as a withdrawal of voluntary on-chain forensic assistance.

In outlining his decision, ZachXBT characterized the broader XRP community as providing limited systemic value and functioning primarily as exit liquidity for insiders, a critique focused on capital flows and stakeholder incentives rather than technical specifics. The post emphasized concerns around market integrity and the allocation of voluntary security resources.

He further indicated that this assessment extends to projects such as Cardano, Pulsechain, and Hedera, remarks that may prompt renewed discussion on governance, reputational risk, and the role of independent forensic contributors in protocol ecosystems.

Share News:
Don't Miss Breaking News