#XRPETF

The rumors of an XRP ETF suddenly exploded in the market, this drama is even more exciting than Ripple's lawsuit against the SEC. Internal documents show that a certain Wall Street giant is quietly lobbying the SEC to launch the world's first spot XRP ETF. Once the news broke, XRP instantly surged by 28%, causing the entire payment concept coins to take off collectively. However, anyone with a discerning eye can see that this is essentially a high-risk tightrope walk—after all, the SEC has been reviewing Bitcoin ETF applications for ten years; how could it possibly give the green light to XRP, which just finished a lawsuit?

On-chain data has revealed more shenanigans: 24 hours before the ETF news broke, a mysterious address accumulated 120 million XRP through over-the-counter trading. Coincidentally, this address has a hidden connection to a wallet controlled by a Ripple executive. Currently, the market is more concerned not with whether the ETF can be approved, but with Ripple's monthly unlocking pressure of 1 billion XRP—these institutional holdings are like the Sword of Damocles, ready to crash the price back to square one at any moment.

(Bloomberg terminal detected anomalies: XRP options open interest suddenly surged by 500%, but 90% is concentrated at a strike price of $0.75, a precise figure that happens to match the exercise cost for Ripple employees' options...)