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I don’t want to hear any of that jane street dogshit narrative, do you people realize this has been practiced for years not only by them but by every major exchange and other market makers right? and not only do they use the spot sell and short perps strategy, but they also engage in spoofing on the order books by placing large amounts of demand to push prices in one direction, and once the price has moved enough they cancel the other orders.
There’s literally nothing new about this and If one player is gone there are hundreds more manipulating the price, jane street is the last reason bitcoin pumped recently the absolute last reason.