My Fintech Empire

The next day is Saturday.

Some well-informed capital institutions in the circle heard the news that Qunxing Capital had harvested Merrill Lynch today.

At first, no one believed in this, thinking it was absolutely impossible. Qunxing Capital here is a first-class non-bank financial giant in China, and Merrill Lynch over there is the world's top investment bank, and Goldman Sachs, Morgan, etc. .

A while ago, the two sides reached a major asset management plan cooperation, involving an amount of more than 50 billion RMB.

It is impossible for Qunxing Capital to cut the leeks from anyone, and it is impossible to cut Merrill Lynch, one of the five largest investment banks in the world.

That's a huge amount of capital standing at the top of the Wall Street food chain. Not to mention whether you can get other people's leeks, but let you cut them. Do you dare to do it?

But what they heard next left them stunned.

Really dare to attack Merrill Lynch, really cut it off?

Some capital institutions in the mainland who heard the news called him a good guy, and then rushed to inquire (chi) and listen (gua), wanting to know how Qunxing Capital cut Merrill Lynch's leeks.

After inquiring, I realized that it was through encrypted digital currency!

Now the answer is revealed!

In recent months, the price of Bitcoin has been pulled from the price of 0.6 US dollars to the jaw-dropping height of 1059.96 US dollars. The epic market of this round of three major rising waves is indeed a masterpiece promoted by Qunxing Capital.

Many investment institutions have wondered before, is it possible to treat market investors as fools with such a game of Bitcoin? Who will take this plate?

Many people are ready to see a joke.

Good guy!

The co-authorship is for Merrill Lynch to take over.

This leek was cut...

The news has spread rapidly among the small upper-level circles in the circle, and the rumors quickly reached Zhongtai Capital. Liu Qizheng was shocked when he heard the news and confirmed it was true: "Merrill Lynch dares to Let's start, this Huayu is really cruel!"

Liu Qizheng couldn't help but secretly gave Qunxing Capital a thumbs up. Few of his peers in the mainland dared to do such things as offending Wall Street's top capital giants.

As a result, Qunxing Capital just did it.

Moreover, it was Merrill Lynch who took the initiative to cooperate, and just handed you 8 billion US dollars to manage, and you swung the sickle backhand...

Shocked, Liu Qizheng was also a little worried and a little scared. The group of stars was a bit ruthless. Zhong Tai is now cooperating with the group of stars. Will Hua Yu turn his backhand and point the sickle at them?

The bigwigs in the circle who heard the news couldn't figure out why Qunxing Capital would attack Merrill Lynch. Billions of dollars is indeed an astronomical sum, but it is not worthwhile to offend Wall Street for this.

Really want to be different.

From Saturday until daytime on weekends, the news was still circulating in the top circles of the industry, but at around 23:25 in the evening, no one knew who leaked the news and spread the news.

For a while, it quickly spread wildly on the Internet, and it was made public to the public at once.

Now the capital market and the Internet have exploded. The news that Qunxing Capital received billions of dollars from Merrill Lynch with Bitcoin went viral on the Internet. It was popularly searched in the middle of the night, and many stockholders’ exchange groups were discussing this matter. .

Bitcoin has once again stepped into the public's field of vision, and the people watching the excitement are also watching strongly.

[Wo, why are you spreading this news, is it true or not? The stars waved the sickle to Merrill Lynch? I am not wrong, right? Isn’t the money for more than a month yours and mine’s? Why does the boat of friendship capsize? ]

[Harvest as much as four or five billion dollars from the world's top investment banks...]

[The truth of Bitcoin skyrocketing has finally surfaced, who would have thought of this? ]

[Is it really good to treat partners like this? Who dares to let Qunxing do asset management plans in the future? Harvesting my own LP directly is something I never expected...(cover my face.jpg)]

[Is it possible that Qunxing Capital did not intend to take over the asset management plan? ]

[No, it doesn't make sense, they are all predators, why should they fight each other? Can't figure it out...]

[Case solved, case solved by bitcoin skyrocketing. ]

[Hahaha, is Merrill stretching her neck to be chopped off? Qun Xing has something, Hua is always a ruthless person. ]

[Although it's a bit unkind, but the Wall Street capital giant was cut off, it feels a bit cool for no reason... (Laughing and crying.jpg)]

[I have never thought about why Bitcoin skyrocketed, so it turned out to be so high that I doubt that life is deliberate, but fortunately it is not a small break...]

[I think it's because people look down on Xiao San's steel hammers, or they are quick to cut predators...(cover face.jpg)]

[Can't think of it? It is said that Qunxing Capital will suffer, and its deployment in the cryptocurrency market will lose all its money. Unexpectedly, they have already booked a successor, and they have collected four or five billion dollars. ]

[Meilin faints from crying in the toilet...]

[Fuck, the rhythm of Bitcoin's collapse? ]

[Starts diving. ]

[Ma De fights with a shot, and goes in directly! ]

...

At the same time, the time came to around 23:56 in the evening. The news was exposed and fermented on the whole network for more than half an hour, and finally spread to the encrypted digital currency market. .

That's right, some speculators who reacted quickly realized that Bitcoin might collapse at this time, so they quickly shorted it.

The bearish logic is that Merrill Lynch took over four or five billion dollars worth of bitcoin at around $1,000, which is more than 4 million.

Moreover, the quick-response group of speculators found that the Mt.Gox trading platform still provides short-selling tools.

In other words, if you want to be short, you can still be short.

At around 23:55, the price of Bitcoin hit a new intraday high, hitting $824.13, an increase of +1.92%, but in the last five minutes or so today, the price trend of Bitcoin Suddenly, it was short-sold on a large scale, and its time-sharing bucket took a turn for the worse.

Some players in the currency circle in the mainland don’t know the news, they are sleeping, holding some bitcoins in their hands, completely unaware that it has crashed in a straight line.

As the time jumped to the early hours of the morning, the closing price of Bitcoin today was locked at $738.85, a drop of -8.63%, and its nominal market value dropped to $15.515 billion.

But it's not over yet, because Bitcoin trading is 24 hours a day, and it's Monday, September 5th after midnight, and the trading continues. The opening price of the latest trading day is the highest price of the day, because the trend is Straight dive.

At 00:13 in the morning, the price of Bitcoin reached its lowest price today, falling all the way to the price of 520.80 US dollars, the largest intraday drop -29.51%, if calculated from the price of 824.13 US dollars when it crashed more than 20 minutes ago , the cumulative rate of decline reached about -36.80%.

And falling from the historical high price of 1059.96 US dollars, it has achieved a cumulative decline of -50.86%, which is over the line.

The floating loss ratio of the Bitcoin held by Merrill Lynch has directly expanded to -49.43%, which is no different from a half-cut, with a direct loss of 2.225 billion US dollars.

At this moment, the price fluctuations of Bitcoin are also extremely violent. When it fell to the price of US$520, it quickly rebounded to the price of US$650, with a rebound rate of more than 25 percentage points, but then plunged again.

...

(Ps: A wave broke out today...)