RM Hossain

#JaneStreet10AMDump The #JaneStreet10AMDump in Short The Theory: Traders observed a "mechanical" pattern where Bitcoin would be "dumped" daily at 10:00 AM ET (the U.S. market open), allegedly to liquidate retail long positions. The Allegation: Speculators blamed Jane Street, claiming the firm used its role as a Bitcoin ETF "Authorized Participant" to manipulate prices for better entry points. The Lawsuit: On February 24, 2026, Terraform Labs sued Jane Street, alleging it used insider information to front-run the $40 billion Terra-Luna collapse in 2022. The Break: Following the lawsuit, the 10 AM sell pressure suddenly vanished; Bitcoin surged over 3% on February 25, liquidating $323 million in short positions. Global Context: Critics point to a July 2025 case where Indian regulators (SEBI) fined Jane Street $580 million for similar "pump-and-dump" tactics in the Bank Nifty index. Company Stance: Jane Street has dismissed the 10 AM manipulation claims as "unfounded opportunistic claims" and is vigorously defending the Terraform lawsuit#BTCDropsbelow$63K