Bank of America just stepped up big. $4 trillion in assets. 68 million customers. Now actively hiring Bitcoin and crypto experts to build out their team. JPMorgan runs a strong crypto division. Goldman Sachs keeps their crypto desk active. BlackRock pushes $Bitcoin #ETFs plus $Ethereum money-market funds. Every major US bank moves in the same powerful direction. The race accelerates fast. Institutions load up and the momentum builds strong. Smart flows follow this institutional wave. ✨ Which move excites you most right now? Drop your thoughts below. #GateSquareMayTradingShare

I just realized something that's been bothering me about the crypto market since February. You know that "10 AM dump" everyone was joking about on Telegram and other platforms? The one where Bitcoin would get absolutely hammered like clockwork every morning? Well, it stopped the moment Jane Street got hit with a lawsuit. That's not coincidence—that's a pattern. Here's what actually went down, and trust me, this is way darker than most people think. The source of all this comes from Todd Snyder, the bankruptcy liquidator handling Terra's collapse. He just filed a lawsuit accusing Jane Street of using insider information to execute a coordinated attack on UST back in May 2022. And the timing? Absolutely brutal. On May 7, 2022, Terraform Labs quietly pulled 150 million UST from Curve's liquidity pool. No announcement, no transparency. Then—and this is the kicker—exactly 10 minutes later, a wallet linked to Jane Street withdrew 85 million UST from the same pool. In an AMM system, that kind of skewed withdrawal doesn't just create slippage. It detonates the entire mechanism. UST went into a death spiral, and billions evaporated. But here's where it gets really interesting. The liquidators discovered something called "Bryce's Secret"—apparently Jane Street had someone named Bryce Pratt, a former Terraform intern, reconnect with Terraform's engineers through personal channels. That private Telegram-style chat group became the backdoor for leaking critical information straight to Wall Street. And it wasn't just Jane Street involved. The lawsuit also mentions Jump Trading was allegedly part of this network, with reports suggesting Jump received non-public Terraform data that got passed along. What fascinates me is how this connects to Jane Street's broader playbook. These guys operate like a black box—sophisticated algorithms, microsecond execution, massive capital. In traditional markets, they're basically invisible. But last year, India's SEBI fined them 48.44 billion rupees (roughly $580 million) for aggressive market manipulation during options settlement dates. Same playbook: find the liquidity vacuum, exploit it with overwhelming capital, extract profits while retail gets liquidated. The crypto version was just a scaled-up version of the same strategy. When tail risk hit UST, they didn't stabilize the market like they claimed they would. Instead, they used their insider knowledge and algorithmic speed to front-run everyone else out the door. It's like they brought an umbrella on a sunny day, then yanked it away the moment it started raining. What really gets me is how this exposes the entire "decentralized" narrative. Jane Street probably thought they could operate in the crypto space like they do everywhere else—completely opaque, completely ruthless. They didn't account for one thing: blockchain is forever. Every timestamp, every transaction is permanently recorded. The liquidators combined traditional subpoena power with on-chain forensics, and suddenly Jane Street's "black box" became transparent. This isn't just about one lawsuit anymore. It's a signal that the era of institutional players casually extracting value from retail investors through information asymmetry is ending. Compliance isn't optional anymore. The crypto market is forcing accountability across cycles in ways traditional finance never could. The crazy part? We're now four years out from Terra's collapse, and justice is only now catching up. That tells you everything about how immature the regulatory framework was back then. But now? Now every major player knows the rules have changed. That's probably why the 10 AM dumps stopped the moment the lawsuit went public.

【$USELESS Signal】Multiple callbacks, wait for overbought correction $USELESS 1H Bollinger Bands widening, upper band at 0.0681 has been pressed down by the price, but RSI surged to 82.31, indicating diminishing buying momentum at high levels. 4H MACD bullish bars are still expanding, but the rate is slowing. Deep imbalance at 5.99%, sell orders have slightly increased. The current risk-reward ratio is not suitable for chasing high directly; patiently wait for the price to retest the 1H EMA50 (0.0565) before making a move. 🎯Direction: Long (waiting for a pullback order) ⚡Entry/Order: Range order at 0.05621 - 0.05700 🛑Stop loss: 0.05065 🚀Target 1: 0.06892 🚀Target 2: 0.06920 🛡️Trade management: - After the order is filled, if the price quickly drops below 0.0560, do not add to the position; watch for support at 0.0550. - After reaching Target 1, reduce position by 50%, and move the remaining stop loss to entry price + 0.002. - If the price breaks below the lower boundary of the entry zone again, strictly cut losses. Overbought zone chasing long positions carries objective risks, but the 4H trend has not reversed, funding rate at 0.0072% is in a healthy range, open interest is stable, and the market does not show signs of excessive leverage. Pullbacks are currently a higher probability choice. View real-time market 👇 $USELESS --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#Gate广场五月交易分享 #比特币波动 #Polymarket每日热点