After the Divorce, I Could Hear the Voice of the Future

Chapter 498: Dirty and Dark



Two days went by in a flash.

Lu Liang also finished the preliminary preparations, with personnel, equipment, accounts, and funds all in place, just waiting for the command to launch an assault.

During this period, Bitcoin made a third attempt at breaking through the nineteen thousand mark, possibly because the short selling resources were exhausted, or perhaps due to the market's unanimous high expectations.

For various reasons, this third upward breakthrough was like a mature woman nearing thirty; with just a little tease, she became receptive, slipping past effortlessly.

On the 15th, 19,522 points.

"Continue applying to your superiors, we need to top up, this time adding 40 million US Dollars, reducing the leverage to four times."

Lu Liang, with a beaming smile, was eating cookies handmade by Erii, and was watching Sun Yutao perform enthusiastically.

The initial investment of 10 million US Dollars with five times leverage had already triggered a forced liquidation line, and taking interest into account, there was less than 2.5 million left in the account.

At this point, Sun Yutao was playing the role of someone with a lot of money, but stubborn and reckless, determined to gamble to the end, though a bit timid.

This time, lowering the leverage to four times meant the acceptable margin of error increased from 3.5% to 11.2%.

As long as the price didn't exceed 21,708 points,

the platform's forced liquidation line wouldn't be triggered.

This perfectly aligned with Lu Liang's plan.

He was concerned that his movements might impact the market, so he didn't trust that 20,852 was the precise peak.

Therefore, Lu Liang set the trigger price for initiating the short-selling trend between 20,500 and 21,500 points.

In the interim, any signs of market fluctuation would have him raising the flag, becoming the vanguard general for the shorts.

"Sorry, could you please hold on, I need to consult with our superiors, after all, the amount you're short selling is quite large."

The other party respectfully replied, while Sun Yutao impatiently said: "Don't waste my time, if not, I'll switch to another platform, it's not like only your Binance exists."

"Please be patient, we at Binance have received investment from New Horizon Fund, which is a subsidiary of Blackstone Group's Hong Kong investment institution. Our big brand reputation ensures reliability, and our transaction efficiency is unmatched."

The voice on the other end changed, most likely to a client, constantly soothing Sun Yutao's emotions.

After a while, the voice switched back to the manager from the short selling department: "Mr. Sun, I've consulted our superiors, they've approved your 40 million US Dollar short selling application."

"Alright, let's leave it at that."

Ending the call with the other party, Sun Yutao looked at Lu Liang: "Mr. Lu, we plan to top up for the third time after breaking through the twenty-thousand mark, with the last top-up amount being 50 million US Dollars, again with four times leverage."

The second and third times, with two batches of four times leverage, the total amount reached 360 million US Dollars, enough to deplete all of Binance's liquid tokens and some of their reserve tokens.

According to his research, Binance holds tokens valued between 400 and 600 million US Dollars.

If Bitcoin sees a significant correction before 21,000 points, a large number of retail investors will shift from long to short.

To be bearish, you need tokens, and at that point, most of the platform's tokens will be in their hands.

If the correction is significant enough, most people will miss out on the short-selling opportunity because they lack tokens.

They will resent it and label this platform with the most vicious cliché: 'You can only go long, not short; how is this different from Big A?'

As such, with their reserves mostly depleted and their reputation severely damaged, even if not dead, they'd be gravely hurt.

"This setup is quite nice." Lu Liang slightly nodded, smiling as he looked at Miyuki: "Did you learn it?"

"Learned and wasted."

Miyuki nodded blankly.

A phrase suddenly came to mind, those who play tactics are dirty-hearted, those who play finance are black-hearted, and playing tactics in the financial market is both dirty and black.

"Study well, being around Manager Sun, you'll surely learn a lot that's not taught in classrooms." Lu Liang gently tapped Miyuki's little head.

"Mr. Lu, your praise is too much." Sun Yutao was flattered, offering a wry smile.

"It's not excessive."

Lu Liang laughed; this was his heartfelt truth.

Whether it was Sun Yutao, Wen Chao, or Zhang Jing managing the public funds at home, Lu Liang never doubted their abilities.

He was simply lucky to have a cheat, whereas they truly broke through the crowd, eventually standing before him.

If the cheat were given to them, they'd only be more outstanding.

Lu Liang knew this well and always wanted to nurture newcomers.

Wen Chao, Zhuo Yifan, Xu Jiawei, and now Sakurada Miyuki.

Those with capability are as numerous as cattle, merely unfortunate to be born at the wrong time. If given the chance two decades ago, they would've surely ridden the wave to make a name for themselves.

Sakurada Miyuki replied earnestly: "Sir, I'll definitely study well by Manager Sun's side."

Lu Liang left, heading to the nearby Santian Building, planning to stay there for the next few days.

With only two days left, achieving a rise of over 1,200 points wasn't difficult, but the key was finding an opportunity to short sell, which he hadn't yet found.

After some thought, Lu Liang decided not to wait, as the 9 billion US Dollar tokens couldn't be sold off all at once, so he might as well watch and adapt.

"Log into all accounts, distribute 500 million US Dollars to all traders, and initiate three times leveraged short selling."

"Wen Chao, keep an eye on it, try not to affect the market, and don't dump all at once."

Lu Liang repeatedly instructed, reminding everyone that this was just a test phase and not to alarm the market.

With so many tokens in hand, only after breaking through the twenty-thousand-point barrier and luring a large number of reckless retail investors to go long could they be fully depleted at once.

It's like the method of unloading stocks at Big A's limit-up board; as long as the stock's theme concept is promising, they would directly pull five or six up-limit points.

Once the hype provoked interest, retail investors believed that five or six limit-ups were not the maximum, that seven, eight, or nine were just the beginning.

Retail investors would then place orders at the up-limit board to buy, while the market maker could quietly withdraw orders and sell off stocks. The model differs, but the reasoning is the same.

At eight o'clock in the evening,

the most active trading period of the day commenced once more.

Yesterday's breakthrough of nineteen thousand points made the market start to stir again today, getting ready to storm the twenty-thousand mark.

19,600 US Dollars, just a 400 US Dollar increase away, a 2.1% rise, from breaking the twenty-thousand-dollar barrier.

Once the breakthrough succeeded, the sky would be the limit, the sea vast enough for fish to leap, and the cryptocurrency carnival would continue.

Lu Liang monitored until three in the morning, until the market's heat gradually faded, with the price hovering around 19,800 points.

Ota Ling leaned in to comment: "Mr. Lu, are they gearing up to breach the twenty-thousand-dollar mark?"

Lu Liang nodded: "Yes, it's too obvious."

Then, a slight 1% increase at ten o'clock,

followed by oscillations around 19,800 points.

In the subsequent five hours, every attempt to break through 20,000 points was pushed back down.

It seemed they intended to break through the price in one swift motion, instead of playing the game repeatedly.

The key issue was how obvious it was, even an outsider like Ota Ling could see, let alone others.

There would be two scenarios next. The first is several institutions or speculators might plan a concerted breakthrough, but lacking enough funding, they needed retail reinforcements.

The other scenario involved a deep pit ahead, luring fodder to fill the ditch and using their bodies to pass over smoothly.

Lu Liang called Wen Chao without hiding anything from Ota Ling: "How many tokens are we holding? How much liquid capital do we have?"

Wen Chao thought briefly before responding: "We hold 230,000 tokens, with available funds of 1.852 billion US Dollars."

They'd intermittently divested 120,000 at high prices, only utilizing 3 billion US Dollars for short selling.

"First, set aside a few people, and wait for my instructions."

With less than two days remaining, Lu Liang decided to let the price break through 20,000 US Dollars the following night, regardless of any unexpected events.

Only by continuing upward could they sell off the tokens held for shorting, letting retail investors take over.


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