Jane Street manipulate Bitcoin price every morning at 10am

Jane Street manipulate Bitcoin price every morning at 10am by @jza on 3Speak

▶️ Watch on 3Speak --- Big scandal show that crypto trading firm Jane Street pushed the price down by dumping the price at 10 am every morning for the longest time. Unfortunately this cause the 202...

Tags: #bitcoin #trading #news

Transcript

Bitcoin's manipulation has finally been exposed. For the last year or so, the price of Bitcoin has felt unnatural, like some massive wealth manager or exchange was pulling the price up and down at will. But now, the culprit may have just been revealed. Jane Street, which is a multi-billion dollar trading firm based out of New York City, has been accused of running a daily pump and dump of the Bitcoin price. They were able to conceal these trades since they're one of the only firms who handles billions of dollars in capital for the Black Rock Bitcoin ETF. It's claimed that James Street would load up on BTC, then open short positions in the morning, and dump all of that BTC back onto the market around 10 a.m. repeating this strategy day after day. for months, and it's estimated that they profited nearly $24 billion running this scheme. Now, they're facing multiple lawsuits, one of them being from Donald Trump's Trump media, and Bitcoiners everywhere are feeling this sense of relief, since we knew deep down the price action was not organic, and now we may just know who was behind it, so make sure you're following me for more.

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