Jane Street Resumes Bitcoin Activity Amid Ongoing Market Scrutiny
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Jane Street wallets received 25.36 BTC (~$15.08M) in a two-hour window from CEXes BitMEX and LMAX Digital, indicating resumed BTC trading activity. The firm remains under regulatory and market scrutiny; large CEX inflows could signal potential short-term selling pressure and increased Bitcoin volatility in crypto markets.
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Infamous quant trading giant Jane Street, which has been alleged by many to be involved in Bitcoin’s “10 AM dump,” has resumed notable BTC-related activity. The firm remains under scrutiny from regulators, as well as from market participants.
According to a post by Lookonchain, in the past 2 hours, wallets associated with Jane Street have received a total of 25.36 BTC worth $15.08 miollion from two centralized exchanges – BitMEX and LMAX Digital.
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