Debunking Market Rumors
Recently, claims that Jane Street 'dumps Bitcoin at 10 AM daily' sparked debate. Julio Moreno, Research Director at CryptoQuant, refuted these allegations, stating the argument lacks logical foundation.
The suggestion that 'Bitcoin should already be worth $150,000' is confusing, as pricing depends on complex market dynamics, not arbitrary assumptions.
Standard Industry Practices
Moreno pointed out that Jane Street’s strategy—buying spot and selling futures—is consistent with how many delta neutral funds manage exposure. This approach is meant to hedge risk, not manipulate prices.
Broader Market Factors
Furthermore, the article overlooks the broader market picture. Since October 2025, Bitcoin's spot demand has declined significantly, which is the real reason behind the price drop.
- Market sentiment has turned cautious
- Macro uncertainty affects investor confidence
- Regulatory shifts influence short-term trends
In summary, Bitcoin’s price movement reflects natural market forces rather than actions by any single entity.