Crypto commentator Zach Rector debunks viral claim of XRP tokens trading at $100,000 each in 'dark pools' in a recent video.
Rector clarifies that the so-called 'dark pools' are actually over-the-counter (OTC) desks, commonly used by institutions for large trades, with XRP being sold via OTC since 2019.
He dismisses the idea of a separate, private XRP Ledger with a significantly higher price, emphasizing that XRP only exists on the public ledger we all use.
Rector highlights that institutions buying XRP through OTC deals actually get a discount, contrary to the rumored $100,000 price, with XRP currently trading at $2.21.