According to @BullTheoryio, Bitcoin surged from $90,000 to $93,000 in roughly 90 minutes, triggering about $140 million in short liquidations (source: @BullTheoryio). The author highlights a recurring 10 a.m. flow potentially tied to Jane Street, indicating a short-squeeze-driven momentum window that traders can monitor for breakout timing and liquidity conditions (source: @BullTheoryio). Given the liquidation-led spike, traders should account for slippage and reversal risk around $93,000 and calibrate momentum strategies to elevated volatility (source: @BullTheoryio).

According to @EricBalchunas, Jane Street generated 10 billion in net trading revenue in Q2, a Wall Street record. According to @EricBalchunas, the firm produced 20 billion in net trading revenue across all of 2024, and the entire ETF industry earns about 4 billion per quarter.

According to @MilkRoadDaily, Goldman Sachs is the largest institutional holder of ETH ETFs as of Q2, with other major holders including Jane Street, Millennium, and D. E. Shaw, citing a chart credited to @JSeyff. According to @MilkRoadDaily, most ETH ETF inflows occurred after July, so Q3 disclosures are expected to be much larger than Q2. According to @MilkRoadDaily, this timing implies Q2 filings likely understate actual institutional exposure that will appear in Q3.

According to @ai_9684xtpa, the mysterious quantitative trading firm Jane Street appears to be stockpiling Bitcoin (BTC). Over the past nine hours, they have withdrawn 911.19 BTC, worth approximately $54.03 million, from the Gemini exchange at an average cost of $59,296 per BTC. Seven months ago, Jane Street conducted similar transactions on January 20 and February 1, accumulating 865 BTC and 1147 BTC respectively, when the price was $41,855 per BTC. These earlier purchases have resulted in a profit of $34.82 million.