Financial giant Jane Street increased its holdings by 7.1 million shares of IBIT in Q4 last year, with community rumors suggesting it suppressed Bitcoin prices through high-frequency trading

According to quiverquant data, financial giant Jane Street increased its holdings by 7,105,206 shares of IBIT in Q4 last year, valued at $276 million. The company currently holds 20,315,780 shares of IBIT, valued at $790 million.

There were previous community rumors that Jane Street was allegedly suppressing Bitcoin prices through high-frequency trading at 10 AM Eastern Time every morning. Additionally, BlackRock and Morgan Stanley increased their holdings by over 2.37 million shares of IBIT in Q4 last year.