This article points out that the $BTC price should have been higher, not just $126,000 💲 but at a greater increase.

However, the reason for the recent decline is mainly due to certain institutions profiting from short-selling the market by exploiting market mechanisms.

The article mentions that Jane Street has been using algorithmic programs to massively sell Bitcoin daily at the opening time of the U.S. stock market (10 AM Eastern Time), driving down the price to enter the liquidity zone, triggering margin calls for leveraged traders.

Subsequently, they repurchase Bitcoin at a lower price, realizing arbitrage, and this operation has been ongoing for several months, with Jane Street earning over $20 billion in profit, which has led to the artificial suppression of Bitcoin prices.

Additionally, Jane Street is alleged to be related to the 2022 Terra/Luna collapse; they are suspected of triggering the UST stablecoin de-pegging, causing the Luna crash, resulting in tragedies such as hundreds of suicides.

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