coin-img-ETHETH-5.78%coin-img-BTCBTC-3.10%coin-img-ROBOROBO+114.45%coin-img-SOLSOL-6.74%coin-img-XRPXRP-3.84%coin-img-USDCUSDC+0.02%coin-img-XAUTXAUT+2.11%coin-img-DOGEDOGE-5.48%coin-img-ETHETH-5.78%coin-img-BTCBTC-3.10%coin-img-ROBOROBO+114.45%coin-img-SOLSOL-6.74%coin-img-XRPXRP-3.84%coin-img-USDCUSDC+0.02%coin-img-XAUTXAUT+2.11%coin-img-DOGEDOGE-5.48%coin-img-ETHETH-5.78%coin-img-BTCBTC-3.10%coin-img-ROBOROBO+114.45%coin-img-SOLSOL-6.74%coin-img-XRPXRP-3.84%coin-img-USDCUSDC+0.02%coin-img-XAUTXAUT+2.11%coin-img-DOGEDOGE-5.48%coin-img-ETHETH-5.78%coin-img-BTCBTC-3.10%coin-img-ROBOROBO+114.45%coin-img-SOLSOL-6.74%coin-img-XRPXRP-3.84%coin-img-USDCUSDC+0.02%coin-img-XAUTXAUT+2.11%coin-img-DOGEDOGE-5.48%
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Jake Simmons

Ari Paul Dismisses Claims Jane Street Suppressed Bitcoin Price As BTC Trades At $66,090

Ari Paul, founder of BlockTower and former Wall Street market maker, has pushed back on claims that Jane Street has been holding down Bitcoin’s price, arguing that recent weakness is better explained by spot selling. He acknowledges that market makers can influence intraday moves and add small costs to BTC ETF investors, but says they rarely keep an asset below fair value for long. Paul and on-chain analyst James Check instead point to large Bitcoin holders selling tens of thousands of coins, while BTC currently trades around $66,090.
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