My Fintech Empire

Less than a minute later, the trend of the market changed again, and people who were watching the market but did not know the truth were once again collectively stunned, because they found that the major investment targets that had plummeted at this moment not only stopped falling and rebounded, but also appeared at this time. Short-squeeze-style skyrocketing situation.

Funds are frantically scrambling to raise funds, and they are driving asset prices to soar rapidly. The three major stock indexes in North America quickly turned red and turned up, the price of Brent crude oil turned red and turned up, and the price of gold turned red and turned up...

In terms of individual stocks in the stock market, First Republic Bank soared +76% within a day, and Silicon Valley Bank soared +103% within a day.

Crazy, crazy!

The onlookers were all dumbfounded. They had never seen this scene before. Most of them had witnessed it with their own eyes, but they had never experienced it. Because they didn’t know, they dared not venture into the arena and could only witness it with their own eyes.

This kind of scene, this kind of battle, the wealth in one's careless hands may be wiped out, evaporated in seconds.

Only a very small number of followers risked their lives to intervene a little.

This situation was caused by the fact that the opponent's board was reversely squeezed by Qunxing Capital, and a large number of chips were taken away by Qunxing Capital. Sell ​​it at a low price, and now you are forced to buy it back.

This led to a situation where a large number of low-priced chips on the board were not wanted by dogs. In an instant, the two poles reversed and became a frantic rush for chips. The market suddenly evolved from a buyer's market to a seller's market, and the supply of chips exceeded demand.

But at this time, Qunxing Capital also backhandedly squeezed short positions, followed by scrambling for funds, and mainly drove up the price with one hand, simply taking advantage of your illness to kill you.

The result is conceivable, asset prices soared suddenly and could not be suppressed at all. On the market, all major varieties, including the three major indexes in North America, showed a trend against the sky, with a drop of -10 percentage points from the bottom It turned red and rose.

The opponents are really madly rushing to raise funds at the moment. The higher the price rises, the bigger their losses will be. Those big crocodiles are completely panicked now.

This is like the cost of $10 they used to mobilize funds to get chips. In order to suppress the market price, they lowered the price of these chips to $1. It was only a floating loss before, because the chips were not sold, it was just a floating loss on paper. .

But Qunxing Capital bought all these chips at a price of 1 US dollar, and the opponent's hand was equal to a blood loss of 9 US dollars, and the floating loss turned into a real loss.

This is not over yet, and now Qunxing Capital has to reverse the short squeeze.

Most of the opponent's chips are borrowed, and they have to be returned later. Now that the low position has been taken away, it has already lost $9. To return the chips, they have to sell enough from the market to pay them back. But the current price has soared, which means This means that more funds will be spent, the more the price soars, and the larger the price difference during the period, the larger the scale of the secondary loss.

And in theory, the price drop is limited, at most infinitely close to zero, and there is no game rule that the price can fall into a negative number, but the price rise is unlimited, and it can be doubled, ten times, thousand times or even ten thousand times. In theory are all established.

After being short-squeezed in reverse, they will really go bankrupt. How can those predators not panic?

And just when the stock market, futures and other varieties were in a super big deep V short-squeeze market, the encrypted digital currency market next door came out of the reverse situation at the same time, and the price of Bitcoin, which had soared five times, appeared Blood collapse situation.

Fang Hong secretly holds several million bitcoins. One-third of the chips of this variety are actually in his hands, and the cost price is less than 2 US dollars. Using the absolute capital advantage of the opponent's market to start a short squeeze At that time, more than 2 million bitcoins were smashed directly at the price of 4,700 US dollars, and the corresponding market value was about 10 billion US dollars.

The anticipation of the opponent's order was to ask Fang Hong to buy chips at a high position at this position to close the position and stop the loss. Unexpectedly, he took the order at this price, and he received more than 2 million chips.

At that time, the price of Bitcoin plummeted from a price of more than 4,700 US dollars, because the opponent received a message from the boss and quickly canceled the order and reversed the stop loss. Bitcoin is traded around the clock and is T+0.

So it appeared that more than 2 million bitcoins had just been purchased at a price of more than 4,700 US dollars, and they were about to be sold to stop loss shipments. There was a terrifying selling pressure of tens of billions of dollars in the bitcoin market.

However, there is no opponent.

There is no undertaking at all below.

As a result, the price of Bitcoin has plunged from a price of more than 4,700 US dollars to a price of 1,000 US dollars or even lower, and Fang Hong has to add fuel to the fire. More than 2 million.

At this time, Bitcoin did not have Fang Hong as an opponent, and the market was completely unacceptable. Fang Hong added fuel to the fire, and did not need too many chips. He only used about 100,000 Bitcoins to directly drop the price to 100. Dollar.

If you want to sell the more than 2 million bitcoins in the opponent's hand, you can, but the price must be lower than $100, and Fang Hong is also ready to accept it. If the opponent's real price is lower than $100, then That's all. If the transaction is made at this price, it will only cost about 200 million U.S. dollars to receive more than 2 million bitcoins.

And before selling more than 2 million bitcoins, it cashed out 10 billion US dollars, 10 billion US dollars minus 200 million US dollars, and more than 2 million bitcoins came back, and it still made a net profit of 9.8 billion US dollars.

However, the opponent’s order was not sold, and the order was received at more than 4,700 US dollars. There is no difference between selling it at a price of less than 100 US dollars and giving it away. The opponent’s order would rather be locked in the hand than sell at this price.

And this is exactly what Fang Hong wants, and it is expected to be like this. His purpose is to lock up his opponent.

Only when they are locked in now, they will try their best to raise the price in the future, just like Merrill Lynch’s funds were locked in when the price of Bitcoin exceeded 100 billion US dollars for the first time a few years ago.

Fang Hong is not worried about losing more than 2 million chips and not being able to get them back, because Bitcoin will continue to be mined in the future, and then the price will be slowly accumulated at a low price.

Now, while earning tens of billions of dollars in blood, they will forcibly pull Wall Street into the water and let the encrypted digital currency have an additional main force. Later, they will brag about Bitcoin and the benefits of encrypted digital currency in order to understand the trick.

...

It’s a long story, but in fact, it’s been less than five minutes since several Wall Street crocodiles held an emergency video conference and decided to close their positions and stop losses. At this moment, the three major stock indexes in North America have all risen by more than +4.5% .

From -10% underwater to +4.5% above water now, the amplitude fluctuates around 15% in the middle, which is the amplitude of the index.

Individual stocks are even more incredible. Silicon Valley Bank directly skyrocketed +150% within a day, and First Republic Bank skyrocketed +176% within a day. Including other stocks that plummeted yesterday, they have now doubled and skyrocketed within a day under the epic short squeeze.

It used to be a circuit breaker plunge, but now it is reversed in two stages after being short-squeezed, and the circuit breaker skyrocketed all the way.

The trend of the market has changed drastically. With the short-squeeze trend of the extremely deep V, follow-up funds have once again fueled the fire, and further short-squeeze is still in progress.

At the same time, the predators of several top Wall Street capital groups once again held an emergency video conference. This time, the Federal Reserve Bank of Magnesia, the Treasury Secretary of the United States, and the head of the North American Securities and Exchange Commission also came.

The internal closed-door emergency meeting discussed one thing: unplug the network cable——!

As far as the current situation of the short squeeze is concerned, let it go on, if there is really an explosion in place, then it will completely get out of control, and I dare not even think about that scene.

Apart from the way of forcibly pulling out the network cable, I really can't think of a better way.

... (end of this chapter)