Looks like there's another market scenario popping up, suggesting we might have hit the bottom already!
So, there’s this report claiming that Jane Street, a trading firm, is playing around with bitcoin prices and dumping it every morning when the US stock market opens. But now, people think this might be coming to an end since they’ve got a new lawsuit on their hands from the Terra Luna lawyers, the ones behind Luna and UST.
They’re being accused of manipulating the market which led to the crash of Luna and UST.
Oh, and fun fact: this is where Sam Bankman Fried picked up his trading strategies, lol.
Jane Street, known as one of the more secretive high-frequency trading firms on Wall Street, is making headlines again.
With this fresh lawsuit related to the 2022 Terra Luna crash, it raises some eyebrows about what insider knowledge they might have had during that whole mess.
Meanwhile, their trading activities show a weird pattern: they’ve been selling off Bitcoin at specific market times while heavily buying shares of Strategy (MSTR).
Analysts are calling this move pretty strange and a bit sus.
Back in late 2025 and early 2026, they made two significant moves involving Bitcoin.
First, they apparently dumped Bitcoin every day at 10 a.m. Eastern when the US stock market opens.
Graphs from December 2025 indicate that BTC prices plummeted from $89,700 to $87,700 in just a few minutes, wiping out $171 million in long positions before bouncing back.
Seems like they might be following a particular play.
News update.
This is being shared in social media. Sam Bankman Fried and sweet Caroline have become friends in Jane Street hehehe. They have learned much market tactics in that trading firm.
These manipulations are only just the beginning, or the tip of the iceberg, and there is a lot that happens behind the scenes that we, the common traders, do not know. I am one of the people who was never excited when the institutional players started entering the Bitcoin space.
They are very corrupt and money hungry, and this all comes with market manipulations plus insider trading.
Jane Street may be impacting how Bitcoin is moving started with spread, pressure and liquidity. However, i don't think the idea that one MM is the main reason behind this BTC crash makes sense. We don't even have hard evidence if they're the bad actor behind this all.
We accused them manipulated IBIT while we know there are more than 1500 entities who are also holding IBIT as well. The shares hold by those entities are also hundreds millions, which is far greater than what jane street owned which is around 20 million shares.
Can a non dominant holders to run the market? I don't think they can.
Is this Jane Street the same as janestreet.com quantitative trading. Both SBF and Caroline seems know what they doing and they seems love leveraged trading.
I actually notice this chart pattern that every 10 AM the price start soaring high and later dump or vice versa but I didn't know there a company who trade this on daily basis. I read the news and they were dumping BTC, they were aggressively buying MicroStrategy (MSTR) shares. Analysts believe they were essentially "shorting the coin but longing the company," betting that Saylors treasury would outperform the underlying asset during the volatility.
Clever Idea but damn it hurt the market
It's curious that this thread hasn't had many responses; I missed it myself. I have also seen it mentioned elsewhere, and I particularly remember this:
What is clear is that as Bitcoin has become financialized and exposed to Wall Street, its price is more susceptible to manipulation.
@Free Market Capitalist. On bitcoin more susceptible to market manipullation because of Wall Street. Agreed! We have witnessed this from 2023 to 2025 already. Bitcoin and with this the whole cryptospace has underperformed stocks.
In any case, this article mentions that the demand will come back with a big revenge ehehehehe! We might witness a pump similar to 2017 after everyone has begun to underestimate bitcoin!
Bitcoins first-quarter slump capped an unusual run: nearly six months of underperformance against U.S. equities, a stretch that has no precedent.
Thats never happened, said Mark Connors, founder of Risk Dimensions, pointing to data showing bitcoin lagging stocks consistently since early October. The trend has raised fresh questions about whether the asset is behaving more like a risk trade than a hedge.
Looking ahead, Connors pointed to bitcoins extended stretch of underperformance relative to equities as a factor that could shape what comes next. Rolling 63-day data shows the asset has lagged the S&P 500 since October the longest such period on record an imbalance that has historically preceded reversals.
If that pattern holds, bitcoin could be entering a phase where relative weakness gives way to renewed demand, particularly as macro pressures tied to debt and currency expansion continue to build in the background.
Read in full https://www.coindesk.com/markets/2026/03/31/bitcoin-held-firm-in-march-but-remains-in-historic-underperformance-stretch
It shouldn't be possible to manipulate Bitcoin that easily, the bigger picture here is not that people are trying to make profits in some easy way but that BTC could so closely orbit the opening hours of just one location or market.
BTC should be globally traded in some equal proportion and be far harder to put on puppet strings from only one location. We're had people saying Whales control everything for years already anyway, many thought Elon Musk was a reason for a bull trend in BTC and lots of ideas like that.
On the hyped prices I get stories to fuel the hype will be a thing but on lower prices its the actual growth or userbase growth that matters far more then centralized figures