Chapter 499 Dirty and Dark
Two days passed in a blink of an eye.
Lu Liang also finished the preliminary preparations, and all funds in the personnel, equipment, and account accounts were in place. He was waiting for the order to be given, and then launched the charge.
During this period, Bitcoin attacked 19,000 points for the third time. This may be because the short chips have been exhausted, or it may be that the market goals are highly consistent.
Various reasons led to the third upward breakthrough. Just like a beautiful woman in her late thirties, as long as she is teased a little, she will become very moist and slide in effortlessly.
15th, 19522 hours.
"Continue to apply to your leaders. We want to cover our positions. This time we will add an additional US$40 million and reduce the leverage to 4 times."
Lu Liang was smiling broadly, eating Hui Liyi’s homemade song Qibian watched Sun Yutao's opera with great interest.
The US$10 million invested with five times leverage in the early stage has triggered the forced liquidation line. After including interest, there is less than 2.5 million left in the account.
At this time, Sun Yutao is playing the role of a timid gambler who has a lot of money but is willing to ignore it and plans to go all the way to the dark side.
This time, the leverage ratio is reduced to four times, which means that the acceptable fault tolerance rate increases from 3.5% to 11.2%.
As long as the price does not exceed 21708 points,
the platform’s forced liquidation line will not be triggered.
It happened to coincide with Lu Liang’s plan.
He is worried that his butterfly will affect the market, so he does not believe that 20852 is the accurate highest point.
Therefore, Lu Liang set the price that triggered the short-selling market between 20,500 points and 21,500 points.
During this period, as long as there is any trouble, he will hold the flag high and become the vanguard general of the short-term.
"Sorry, please wait a moment. I need to ask the leader for instructions first. After all, the amount of securities borrowed by you is too much."
The other party replied respectfully, and Sun Yutao said impatiently: "Don't delay My time, if it doesn’t work, I’ll change it to someone else. It’s not just you. We are Binance’s only platform.”
“Please be patient. We at Binance have received investment from New Horizons Fund, and New Horizons is an investment institution in Hong Kong affiliated with Blackstone Group. The reputation of the big brand is guaranteed. , the transaction efficiency is the best in the entire network.”
There was a different voice on the other end of the phone. It should be customer service, constantly calming Sun Yutao's emotions.
After waiting for a while, the voice returned to the manager of the securities lending department: "Mr. Sun, I have asked the leader for instructions and agreed to your application for US$40 million in securities lending."
< br>"Well, that's it."
After finishing the call with the other party, Sun Yutao looked at Lu Liang: "Mr. Lu, I We plan to make a third replenishment after hitting 20,000 points. The last replenishment fund is 50 million US dollars, which is also 4 times leverage."
The second and third time, two 4 times leverage. The total amount of securities lending reaches US$360 million, which should be able to empty out all of Binance’s liquid chips and part of its reserve chips.
According to his investigation, the value of the chips held by Binance is between US$400 million and US$600 million.
If Bitcoin will experience a major correction before 21,000 points, a large number of retail investors will turn short by then.
If you want to be a short seller, you need to have chips, but at that time, most of the chips on the platform were in their hands.
If the correction is large enough, most people will miss out on the short market because they have no chips.
They will hold grudges and label this platform with the most vicious stereotype: ‘You can only do long but not short, so what’s the difference between it and Big A? ’
In this way, most of their family wealth will be emptied by them, their credibility will be seriously lost, and they will be seriously disabled even if they don't die.
"This game is well set up." Lu Liang paused slightly and looked at Miyuki with a smile: "Have you learned it?"
"You have failed in learning."
Miyuki was dumbfounded. He nodded blankly.
A sentence suddenly came to mind: Those who play tactics are dirty and those who play finance are black. Playing tactics in the financial market is both dirty and dark.
"Study hard. With Manager Sun, you can always learn a lot of knowledge that is not available in the classroom." Lu Liang patted Miyuki's little head.
"Mr. Lu, you are serious in your words. This is too much of a reward." Sun Yutao was flattered and couldn't help but smile bitterly.
“It’s not an award.”
Lu Liang smiled, this was what he really meant.
Whether it is Sun Yutao, Wen Chao, or Zhang Jing who manages public funds at home, Lu Liang never doubts their abilities.
He was just lucky enough to have a cheat, and they actually fought their way through the sea of people before finally walking in front of him. If cheats are given to them, they will only become better.
Lu Liang is very clear and has always been willing to train new people.
Wen Chao, Zhuo Yifan, Xu Jiawei, and now Miyuki Sakurada.
There are actually a lot of capable people, but they were just born at the wrong time. If they were placed twenty years ago, they would definitely be able to rely on themselves and take advantage of the trend of the times to make a difference.
Miyuki Sakurada looked serious: "Sir, I will definitely study hard next to Manager Sun."
Lu Liang left and came to the Mita Building next door. He will stay there for the next few days. This way.
With only two days left, it is not difficult to achieve an increase of more than 1,200 points. The key is the opportunity to short, and he has not found it yet.
Lu Liang thought for a while and decided not to wait any longer. He couldn't throw away all the 9 billion U.S. dollars in chips in a while, so he simply walked and watched.
“Log in to all accounts, first take 500 million U.S. dollars, distribute them to all traders, and start securities lending with triple leverage.”
"Wen Chao, keep an eye on it, try not to affect the market, and don't sell in a concentrated manner."
Lu Liang repeatedly warned that this is just the testing stage, so don't alert the snake.
They hold so many chips, and they can only use them up all at once when they break through the 20,000-point mark and a large number of retail investors brainlessly enter the long position.
Just like Big A’s daily limit shipping method, as long as you are optimistic about the theme and concept of a stock, you can directly force five or six one-word daily limit.
As the market heats up, retail investors will think that five or six daily limits are not the limit, and seven, eight, or nine are just the starting point.
Retail investors have set the daily limit to buy, and the market makers can quietly cancel orders and ship goods. The mode is different, but the principle is the same.
At eight o'clock in the evening,
the most active trading period of the day begins again.
Yesterday it broke through 19,000 points, and today the market is ready to move again, preparing to charge towards 20,000 points.
19,600 US dollars, as long as it increases by another 400 US dollars, or 2.1%, it will break through the 20,000 US dollars mark.
As long as you succeed in breaking through the level, the sky is high and birds can fly, the sea is wide and fish can jump, and the carnival in the currency circle continues.
Lu Liang watched until three o'clock in the morning, until the market enthusiasm gradually subsided, and the current price hovered at 19,800 points.
Ota Ling came over and said: "Mr. Lu, are you preparing to hit the 20,000 US dollar level?"
Lu Liang nodded: "Yes, it feels too obvious."
At ten o'clock, there was a slight increase of 1%,
Then it fluctuated around 19800 points.
In the following five hours, every time I tried to hit 20,000 points, I was pushed back.
It seems that they are planning to break through the price in one go and no longer play tricks again and again.
The key is that it is so obvious that even a layman like Ota Ling can see it, let alone others.
There will be two forms. The first one is that several institutions or hot money are negotiating to overcome the barrier in one fell swoop, but they do not have enough funds and need to use the power of retail investors to launch an attack.
The other is that there is a deep pit ahead, and you need to fool the cannon fodder and step on their corpses to get through it smoothly.
Lu Liang summoned Wen Chao and did not shy away from Ota's order: "How many coins do we hold? How much liquidity do we have?"
Wen Chao thought for a moment and replied: "We hold coins The quantity is 230,000, and the available funds are 1.852 billion U.S. dollars.”
Later, it intermittently reduced its holdings by 120,000 U.S. dollars at high levels, and only used 3 billion U.S. dollars for short selling.
“Let a few people come out alone and wait for my notification.”
There are less than two days left. Regardless of whether there is any emergency tomorrow night, Lu Liang plans to let the price exceed 20,000 US dollars.
Only by continuing to break upward, the chips they hold for short selling can be sold and retail investors can take over.
(End of this chapter)