Crypto traders blame Jane Street for a daily 10 am Bitcoin dip after a Terraform lawsuit claimed dubious trading practices, but analysts say timing matches broader risk repricing.
Analysts reject Jane Street ‘10 am dump' claims, say Bitcoin isn't easily manipulated
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Multiple market analysts reject claims that Jane Street executes a daily 10 a.m. Bitcoin "dump"; traders blamed Jane Street after a Terraform lawsuit alleged dubious trading practices, and analysts said they found no evidence of routine 10 a.m. sell orders by Jane Street and described the recurring 10 a.m. dip as consistent with broader risk repricing rather than targeted dumping.
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