Di data show say Jane Street no dey dump Bitcoin systematically for 10:00 — market flows better explain di intraday dips
Claims say Jane Street dey run programmatic daily sell-off of Bitcoin around 10:00 AM ET to push price down and gather BlackRock’s IBIT ETF no get empirical proof. The allegation, wey blow finish after Terraform litigation and social media speculation, point to obvious 2–3% dips after US equity open and suggest say big IBIT holdings fit hide net short exposure. On-chain analysts and derivatives researchers (e.g. Julio Moreno, Alex Krüger) check trade and on-chain data and find no systematic sell pattern for 10:00–10:30 AM ET window; year-to-date cumulative returns for that slot small positive. The observed intraday moves match wider US risk-asset repricing (especially Nasdaq) and common delta-neutral strategies wey buy spot and sell futures to capture basis rather than depress prices. Experts note Bitcoin global liquidity dey 24/7 and the fragmented spot/derivatives ecosystem make sustained control by one firm unlikely. Other possible drivers include macro uncertainty, liquidity shifts around US market open, ETF flows, and rotation into sectors like AI. For traders: take the Jane Street manipulation story with caution. Monitor intraday flow, exchange order books, funding rates, and ETF flows instead of assuming one actor dey orchestrate daily squeezes. SEO keywords: Jane Street, Bitcoin, IBIT, ETF flows, market flows, delta-neutral, intraday volatility.
Neutral
Di combine reports an follow-up data analysis dem reduce di chance say one single firm (Jane Street) dey systematically dump BTC for 10:00 AM ET to manipulate price. Empirical checks show say no consistent sell pattern for 10:00–10:30 window and small positive cumulative returns year-to-date for that slot. Di intraday dips wey dem observe dey correlate with U.S. equity moves (especially Nasdaq) and fit explained by common delta-neutral strategies (buy spot, sell futures), macro-driven repricing, liquidity rotations and ETF flows. Short-term impact: traders get more sensitivity and rumours fit amplify intraday volatility and local order-book squeezes, so traders suppose dey watch funding rates, basis, ETF creations/redemptions and order-book liquidity — these fit cause transient price moves. Long-term impact: debunking di single-actor manipulation story reduce structural tail-risk from concentrated interference; market structure (global, 24/7 liquidity across venues) and derivatives hedging show say price formation go still dey driven by broad flows and macro conditions instead of one firm’s repeated programmatic sells. Overall price bias from this news na neutral — e remove one persistent bearish manipulation thesis but e no bring clear bullish catalyst.