Financial giant Jane Street increased its holdings by 7.1 million shares of IBIT in Q4 last year. The community rumors suggest that it is manipulating Bitcoin prices through high-frequency trading.

BTC1,93%

ChainCatcher reports that, according to quiverquant data, financial giant Jane Street increased its holdings by 7,105,206 shares of IBIT in Q4 last year, valued at $276 million. Currently, the company holds 20,315,780 shares of IBIT, worth $790 million.

Previously, there were community rumors claiming that Jane Street was suspected of using high-frequency trading to suppress Bitcoin prices every morning at 10 a.m. Eastern Time. Additionally, BlackRock and Morgan Stanley increased their IBIT holdings by over 2.37 million shares in Q4 last year.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Alternative Crypto Investments During a Bitcoin Crash? Bitcoin Everlight Draws Interest

Bitcoin broke below $88,000 on January 26, losing both psychological and technical support as selling pressure intensified. But the pain didn’t stop there, and then slid to intraday lows near $86,000, extending losses across the broader crypto market. This took place after geopolitical

CryptoPotato13m ago

Schiff Warns Strategy Ad May Trigger Lawsuits over Bitcoin Risks

Schiff Flags Legal Risks in STRC Promotion Peter Schiff criticized Strategy’s recent advertisement and questioned its portrayal of financial outcomes linked to STRC stock. He argued that the campaign presents an overly optimistic lifestyle narrative tied to investment performance, and that such mes

CryptoBreaking58m ago
Comment
0/400
No comments