A landmark moment in crypto history is approaching: the debut of an XRP-focused Exchange Traded Fund (ETF) in the US on November 13. This anticipated launch has been met with both excitement and skepticism, as recent filings from issuers like Canary Capital point towards a smooth transition to the market. However, a flurry of activity among Ripple’s largest holders, or whales, raises questions about their involvement and potential impact on the market’s trajectory. Despite witnessing a surge in XRP price in the days leading up to the launch, reports indicate that whales have been selling off significant amounts of XRP holdings, fueling uncertainty within the community. This has sparked debate over whether the anticipated ETF launch is a catalyst for genuine bullish momentum or if it’s merely another act of manipulation by market actors.