That was an older look. The dump of XRP is a newer update.
https://cointelegraph.com/news/grayscale-dumps-xrp-here-s-where-it-s-putting-the-cashXRP surely would be a trouble for institutional investors and hedge funds as they need to make their transactions clear. And if they don't be able to legally exchange it, it would be worthless. So, it's a bright idea to dump it when they can. This would bring more trouble to XRP but they may hold good outside of the US.