The rumors about #XRPETF suddenly exploded in the market, and 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, planning to launch the world's first XRP spot ETF. As soon as the news broke, XRP instantly surged by 28%, taking the entire payment concept coins along with it. However, anyone with clear eyes can see that this is essentially a high-difficulty tightrope walk— the SEC has taken ten years to review even the Bitcoin ETF, so how could it possibly give the green light to XRP right after a lawsuit?

On-chain data revealed more hidden tricks; 24 hours before the ETF news broke, a mysterious address accumulated 120 million XRP through over-the-counter trading. Even more coincidentally, this address has a hidden connection with a wallet controlled by a certain Ripple executive. Now, the biggest concern in the market is not whether the ETF can pass, but the monthly unlocking pressure of 1 billion XRP from Ripple—these institutional holdings are like the sword of Damocles, ready to smash 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, which just happens to be the exercise cost for Ripple employees' options...)