BEARISH 📉 : Speculation mounts over Jane Street’s alleged Bitcoin manipulation

Recent discussions on crypto X focus on potential Bitcoin market manipulation by Jane Street, which added 7,105,206 shares of BlackRock’s spot Bitcoin ETF (IBIT) in Q4 2025, totaling 20,315,780 shares. Speculation links this to a rumored "10AM" sell program.

Key Points

Jane Street's accumulation of IBIT shares is speculated to coincide with daily 10 AM sell-offs to lower Bitcoin prices for better entry points.
BullTheory highlighted the significant purchase and linked it to alleged manipulation activities.
A circulating screenshot shows Jane Street's holdings with a "Y" marker indicating a delta-hedged position, not a directional bet.
Critics argue that Jane Street, as a market maker, holds these shares to manage risk, not as an investment in Bitcoin.
The "10AM theory" suggests coordinated actions to trigger panic and exploit liquidity gaps but remains unverified.
Industry experts emphasize the operational nature of Jane Street's position, countering claims of intentional market manipulation.

As of the latest data, Bitcoin is priced at $68,107.

Bitcoin price chart