This is another market occurrence described in this news article that might imply that the bottom has been reached already!
According to this report, a trading firm Jane Street is manipulating the price of bitcoin and it has been dumping on every market open of the American stock market. However, there is a speculation that this dumping manipulation has been stopped because there is presently a new lawsuit against them from the lawyers of Terra Luna, the creators of Luna and UST.
Jane Street is being accused of market manipulation that caused the collapse of Luna and UST.
Also, this trading firm is where Sam Bankman Fried has learned his tactics on trading hehehehehh.
Jane Street, one of Wall Street’s most secretive high-frequency trading firms, is in the headlines.
The firm faces a fresh lawsuit tied to the 2022 collapse of Terra Luna, raising questions about the role of insider knowledge in the dramatic market crash.
Meanwhile, trading data reveal a contrasting strategy unfolding in real time: Jane Street has been unloading Bitcoin at key market windows while aggressively accumulating Strategy (MSTR) shares.
Analysts call the pattern unusual — if not suspicious.
In late 2025 and early 2026, the firm executed two notable plays linked to Bitcoin.
First, Jane Street allegedly “dumped” Bitcoin every morning at 10 a.m. Eastern Time, coinciding with the U.S. stock market open.
Charts from December 2025 show BTC prices dropping from $89,700 to $87,700 within minutes, wiping out $171 million in long positions before recovering.
The strategy aligns with the firm’s role as an “authorized participant” in major Bitcoin ETFs, such as BlackRock’s IBIT, which enables the creation and redemption of ETF shares.
The firm’s latest legal trouble stems from the 2022 Terra Luna collapse.
The lawsuit, filed by the Terra Luna case administrator, alleges Jane Street exploited insider knowledge to accelerate the crash of Terra’s algorithmic stablecoin, UST.Read in full https://finance.yahoo.com/news/jane-street-really-doing-terraform-111715480.html