Chapter 498 Fish and Fisherman Offensive and Defensive Changes
Lu Liang has informed Sun Yutao to come to Tokyo again with funds.
The flight at noon takes off from Shanghai Magic City and is expected to arrive at three o'clock in the afternoon.
He left Miyuki in the office and asked her to familiarize herself with the trading software.
Leaving the company, Lu Liang went to the Santian Building next door, where Wen Chao rented an entire floor on the fifth floor.
It is said that Neonrenmomo covers up the fact of inefficiency in the name of rigor, but in Lu Liang's view, the money is just not enough.
As long as the money is in place, in just one morning, eighty-five sets of office equipment will be placed in the office area intact.
Traders from Phylion and Sumitomo Mitsui arrived one after another, and traders from Hyundai Group were also on their way.
The logistics work is also being carried out in an orderly manner. After all, in the future, 78 people will eat, drink and have sex here.
At three o'clock in the afternoon, all the personnel and equipment were present, and even Sun Yutao rushed over from the magic city.
Lu Liang asked Sun Yutao to wait and called Wen Chao to come to the stage to speak and deliver a pre-war speech.
Regardless of whether this time is successful or not, 20 million US dollars will be spent afterwards to reward the three armies.
After the words fell, everyone showed excitement, and loud cheers suddenly sounded in the conference room.
Without any warning, they were called over directly, signed a confidentiality agreement, and had their communication equipment confiscated.
Most people are confused now and feel a little dissatisfied, just like Bai Jingjing who just got up, passed by Pansi Cave, and was dragged into marriage by Zhizunbao without even brushing her teeth.
But in the face of a $20 million reward, these are minor issues that are insignificant.
There were 78 traders present, with an average of US$256,000 per person, equivalent to over 30 million yen.
Although they are considered by the outside world to be highly paid financial practitioners, they actually only receive two to three hundred thousand US dollars per year.
The bonus for a project is one year's salary. Not to mention one month of closed management, even two months or three months will do.
"Xiao Chao, please investigate the number of currency holdings and asset size of each institution in the past two days."
For Binance, Lu Liang is rushing to make him bankrupt, but the main purpose of Phalion Investment is to make money.
Although they open accounts with small amounts and large amounts, and short-sell through margin lending and leverage, they must pay attention to balance and pay attention to the rain and dew.
Don’t just pluck out a sheep’s wool when you catch it. If you pluck it out of business, it will be destroyed and you won’t be able to get your money back.
Wen Chao nodded and asked: "Mr. Lu, when will we start entering?"
"Wait for my notification."
Lu Liang took a look at the Bitcoin market. Last night, it failed to hit 19,000 points and fell back by more than 200 points.
At the earliest tonight, or at the latest tomorrow night, the second impact should be launched. As long as it breaks through 19,000 points, the next target will be 20,000 points.
They must make all preparations before the 20,000 point, waiting for the bulls to break through. The moment of breakthrough is their opportunity to enter the market.
Lu Liang called Sun Yutao, left Mita Building, walked and chatted, and came to the seventh floor of the Tokyo Stock Exchange next door.
Lu Liang asked: "What is the asset size of each of them?"
"Mr. Lu, this time we went long on Bitcoin. We prepared US$6.4 billion, but in the end we only invested US$3.6 billion."
Sun Yutao hurriedly took out asset settlements one after another from his briefcase. Contract, and delivery details.
When he learned that he was coming to Tokyo for a business trip, he prepared a report overnight and planned to report the work progress to Lu Liang.
Sun Yutao also said: "The average cost price of the 478,000 Bitcoins held is US$7,589."
Since they have been responsible for detonating the market and guiding market sentiment, they have earned Not much actually.
Not counting various expenses and costs, and only counting the long-term profits, we made approximately US$4.122 billion.
The third and fourth phases of funds were allocated based on capital, with new income of US$2.589 billion in the third phase and US$1.532 billion in the fourth phase.
The current total asset size of the third phase is US$11.699 billion, and the total asset size of the fourth phase is US$5.588 billion.
Next month, as long as the net value is updated in the third period, it will become 2.339, and the net value in the fourth period will also become 1.862.
Represents a yield of 133.9% and a yield of 86.2%. The former paid dividends just a year ago, while the latter was established less than four months ago.
So much money.
"Old Sun, it seems that your annual salary and year-end bonus have to be raised again." Lu Liang said with a smile.
The annual salary of three million has not been increased for a long time. This time when I go back, I plan to increase it to eight million.
"Thank you, Mr. Lu."
Sun Yutao was all smiles. Before coming to Tianxing, he had 13 years of experience in the industry. However, in those years, the highest comprehensive annual salary was only 1.2 million.
Finance is an industry that requires talent. He knew early on that he had no talent, but fortunately he worked hard and accumulated a lot of experience.
As a middle-aged man, he has regained his second youth. In less than three years, his salary has jumped several levels, approaching the tens of millions mark. He is already very satisfied. "There is one more thing I want you to come here this time."
Lu Liang introduced Miyuki's existence to him in advance. Although Sun Yutao has no talent, he is very experienced and is also a teacher for newcomers. Take good care of yourself.
Wen Chao is now able to take charge of his own business, and has been with him for more than half a year to learn the inextricable relationship.
Sun Yutao nodded clearly, followed Lu Liang to the office upstairs, and was suddenly stunned.
He didn’t expect that it would be such a young girl, maybe even under 20 years old.
"Hello, Manager Sun, my name is Sakurada Miyuki, and I am honored to study with you."
Miyuki smiled sweetly, was very polite, and bowed deeply, Sun Yutao Caught off guard, he hurriedly said: "Miss Sakurada, let's all learn from each other."
Boss Lu personally introduced the beautiful girl from a foreign country. He really didn't dare to accept this gift. He might not be able to do it one day. He killed his boss's wife.
Even if she is not the boss's wife, she is still a high-ranking official. After all, Lu Liang has never introduced his girlfriend to work in the company before.
Among the several companies under his name, the only person who has anything to do with Lu Liang is the driver Fang Shiyu who is not involved in management.
“Let’s discuss how to set up the situation. Making money is not the purpose, but severely damaging Binance is.”
It doesn’t matter even if all the US$100 million turns into bad debts, as long as Binance Damn it, it's money well spent.
After Lu Liang left, Miyuki became more lively, and suddenly asked out of curiosity: "Manager Sun, what did Binance do to offend my husband?"
Sun Yutao shook his head and said: "I'm not sure, but Mr. Lu must have his reasons for doing this."
Miyuki said oh, and stopped asking about this matter, instead asking about transaction-related knowledge. , she is like a sponge absorbing unknown knowledge.
Although she is a top student at the University of Tokyo, she is only a junior student after all. She trades on weekdays but does not have much market experience.
On the other hand, Sun Yutao was born in Nanyang University and has been in the market for more than ten years. He is a standard doer and his knowledge reserve is no less than that of the school's expert professors.
That night, in the early morning when trading was most active, Bitcoin once again launched an impact on 19,000 points.
It once rose to 18,999 points, almost succeeding in breaking through, but soon fell back due to lack of stamina.
At the same time, Zhao Changpeng, who was in Shanghai, suddenly received a call from the head of the securities lending department.
I learned that there was a newly opened account and applied to them for a triple leverage of US$15 million in securities lending.
"Mr. Zhao, do you agree?" the person in charge asked.
A US$10 million five-time leveraged securities loan requires them to provide US$40 million worth of chips.
This is not a small amount. The number of Bitcoins held by the company is only 25,000, worth $475 million.
Five thousand chips are the bottom position chips that must not be used. The remaining 20,000 chips were also lent out to several thousand.
The available chips are only 15,000. If you agree to 10 million five times leverage, it means that the chips held are significantly reduced.
The fewer chips they have in hand, the lower their ability to withstand risks. In the event of a market correction, they will not be able to escape even if they want to.
“This is the kind of business we are doing. We just need to do good risk control and tell him that the daily interest rate is as low as 10,000 yuan.”
Zhao Changpeng smiled and narrowed his eyes. He didn't know where the old leek came from. He probably saw the failure of the second attempt at 19,000 points tonight, so he wanted to take advantage of the opportunity to go short.
He could only say that he was still too naive. The 19,000-point barrier must be broken, and 20,000-point barrier was only a matter of time.
Short selling now is not a wise move.
However, they have no obligation to remind them, as long as they do a good job in account risk control to ensure that they do not lose their own profits.
At this moment, Sun Yutao also received feedback from the Binance manager, and the corner of his mouth slightly raised: "Okay, no problem, keep in touch at any time."
Seeing Sun Yutao end the call, Miyuki asked doubtfully: "Manager Sun, didn't you say that it takes 20,000 to reach the top?"
Bitcoin fluctuates greatly, so the fault tolerance rate of ten times leverage is very low. They also Margin trading is not used.
As long as the increase exceeds 3.5%, a warning will be triggered, and the platform has the right to force liquidation.
In other words, they can't hold on to 20,000 points, and they will consider covering their positions at about 19,600 points.
"Ms. Sakurada, we are just here to cover our positions."
Sun Yutao patiently explained that Binance would not have given them such a high margin limit if it had not been for continuous replenishment.
Miyuki suddenly realized: "Manager Sun, are you worried that they will refuse to accept the case, so you adopted this method?"
"It is just to make them think that we have been bitten, but they don't know that it is them. "Bit the hook." Sun Yutao smiled and narrowed his eyes.
At that time, the fish and the fisherman will trade offense and defense, and Binance will have no way to refuse even if it wants to.
Boss Lu said that making money is not the goal, but destroying the platform is.
And
(End of this chapter)