The same question is circulating in the market again! $BTC
Was Jane Street behind the 10/10 liquidation crash?
The facts:
• $10 billion in quarterly trading revenue
• Manipulation allegations in India
• Legal proceedings related to the Terra crash
• Significant buyer position on the IBIT ETF side
And the seemingly coincidental "10" timings...
But here's the critical point:
📌 Major market makers don't care about direction; they love volatility.
📌 Where liquidity is concentrated, prices are pushed there.
📌 Liquidation events typically result from excessive leverage + weak structure.
Are the 10 AM movements manipulation?
Or is it liquidity concentrated at the US opening hour?
There is no concrete evidence at this time.#JaneStreet10AMDump
But one thing is certain:
If the market is fragile, someone doesn't even have to push.
Who provides the liquidity, who bears the risk?
Was Jane Street behind the 10/10 liquidation crash?
The facts:
• $10 billion in quarterly trading revenue
• Manipulation allegations in India
• Legal proceedings related to the Terra crash
• Significant buyer position on the IBIT ETF side
And the seemingly coincidental "10" timings...
But here's the critical point:
📌 Major market makers don't care about direction; they love volatility.
📌 Where liquidity is concentrated, prices are pushed there.
📌 Liquidation events typically result from excessive leverage + weak structure.
Are the 10 AM movements manipulation?
Or is it liquidity concentrated at the US opening hour?
There is no concrete evidence at this time.#JaneStreet10AMDump
But one thing is certain:
If the market is fragile, someone doesn't even have to push.
Who provides the liquidity, who bears the risk?