I would agree in a sense.

Most people think it's the BTC whales that got BB to dump it; however, I partially disagree.

It didn't take a year to realize the price was pumping right before a distribution and dumping right after.  So, it was easy to see that you could purchase balls a day or two after the distribution at a cheap price knowing you could dump it right before the next distribution for far more than you paid.

So, I feel the price movement was mostly those people timing the market (not really a price manipulation).

Others also tried to time it exactly to the point within minutes of what they thought was the snapshot to get the 20% bonus just to dump their balls at the peak only to find out they sold just prior to the snapshot.  Amazing how many of those people came to slack to complain that they didn't get free balls; however, they did make out on peak pricing by selling.

It you're gonna try to take advantage of the market to get free money, then the very least you can do is read on how the distribution works instead of complaining about how you thought it worked.

(This post is not directed at BitcoinArsenal - Just a comment)