After the Divorce, I Could Hear the Voice of the Future -
Chapter 502 - 497: Fish and Fisherman's Role Reversal
Lu Liang had already informed Sun Yutao to come over to Tokyo with the funds once more.
The noon flight departs from Modu, expected to arrive by 3 PM.
He left Miyuki in the office to familiarize herself with the trading software.
Leaving the company, Lu Liang went to the Santian Building next door, where Wen Chao had rented another entire floor on the 5th floor.
People say Neon People are indecisive, covering up inefficiency under the guise of rigor, but from Lu Liang's perspective, it's just that the money hasn't reached them.
As long as the money is in place, in just one morning, eighty-five sets of office equipment were perfectly placed in the office area.
Traders from Xingheng and Mitsui Sumitomo arrived one after another, and traders from the Hyundai Group were on their way.
Logistics work was proceeding orderly since, in the coming days, 78 people's living essentials must be managed here.
By 3 PM, everyone was present, equipment was ready, and even Sun Yutao had hurried over from Modu.
Lu Liang asked Sun Yutao to wait a moment and summoned Wen Chao to give a speech and deliver a pre-battle speech.
Regardless of the success of this endeavor, 20 million US Dollars would be allocated as rewards afterward.
The words fell, faces glowing with excitement, and high-spirited cheers suddenly echoed in the conference room.
Without any warning, they were called over, then made to sign confidentiality agreements, and had their communication devices confiscated.
Most of them are now puzzled, feeling slightly discontent, like Bai Jingjing who was dragged into marriage by Supreme Treasure without brushing her teeth after waking up in Silk Cave.
However, in front of the 20 million US Dollar reward, these are trivial matters.
A total of 78 traders present, each receiving an average of 256,000 US Dollars, equivalent to more than 30 million yen.
Although they are considered well-paid financial workers externally, they actually receive only two or three hundred thousand US Dollars annually.
One project's bonus equals a year's salary, not to mention closed management for a month, even two months or three months would be fine.
"Xiaochao, for the next couple of days, first investigate the number of coins each institution holds and the scale of their assets."
Regarding Binance, Lu Liang aims to bankrupt it, but as for Xingheng Investment, the main goal is still to make money.
Although they've opened accounts in small amounts and use short selling with leverage, they must be cautious about balance and fairness.
Don't just shear the wool off one sheep aggressively; should it go bankrupt and becomes non-salvageable, the money wouldn't be recoverable either.
Wen Chao nodded and asked: "Mr. Lu, when do we start entering the market?"
"Wait for my notice."
Lu Liang glanced at the Bitcoin market, last night failed to hit 19,000 points, pulling back over 200 points.
Fastest tonight, latest by tomorrow night, is expected to launch a second attack; once breaking past 19,000 points, the next target is 20,000 points.
They need to be fully prepared before reaching 20,000 points, waiting for the bullish streak to break past, at the moment it breaks is their cue to enter the market.
Lu Liang called in Sun Yutao, left Santian Building, talking as they walked to the 7th floor of the Tokyo Stock Exchange next door.
Lu Liang asked, "What are the asset scales of the two funds each?"
"Mr. Lu, we prepared 6.4 billion US Dollars for buying Bitcoin this time, but ultimately only invested 3.6 billion US Dollars."
Sun Yutao hurriedly took out a pile of asset statements and settlement details from his briefcase.
Having known that he would be on a business trip to Tokyo, he prepared the reports overnight, planning to brief Lu Liang on the work progress along the way.
Sun Yutao said again: "Holding 478,000 Bitcoins, with an average cost of 7,589 US Dollars."
Since handling market sentiment and leading market trends, they've actually earned quite modestly.
Excluding various expenditure costs, only considering the profit from buying long, managing to earn around 4.122 billion US Dollars.
Fund Phase 3 and Phase 4 are allocated proportionately, Phase 3's newly-added profit 2.589 billion US Dollars, Phase 4's newly-added profit 1.532 billion US Dollars.
Current Phase 3 asset total is 11.699 billion US Dollars, Phase 4 asset total is 5.588 billion US Dollars.
Next month, once Phase 3 updates its value it will become 2.339, Phase 4's value will also reach 1.862.
Representing 133.9% and 86.2% yield rates. The former just distributed dividends within the year, the latter established less than four months ago.
Crazy profits, not only investors but Lu Liang as a fund manager too, because starting from Phase 3, they adopted a tiered charging model.
3+20N, Phase 3 has reached 35%, nearing the cap, Phase 4 is almost reaching 30% too.
"Sun, seems like your annual salary and year-end bonus need to be upped a notch." Lu Liang said with a smile.
An annual salary of 3 million has remained the same for quite a while, planning to raise it to 8 million on returning this time.
"Thank you, Mr. Lu."
Sun Yutao beamed with joy. Before coming to Tianxing, he had 13 years of work experience, yet during those years, the highest annual salary he received wasn't more than 1.2 million.
Finance is an industry highly reliant on talent. He knew early on he didn't have that talent, but fortunately, he was quite diligent, accumulating a lot of experience.
Into middle age, experiencing a second spring, in less than three years, his salary leaped over multiple levels, approaching the ten million mark, and he was very satisfied.
"There's one more thing I want you to take care of this time."
Lu Liang had previously introduced the existence of Miyuki to him. Although Sun Yutao did not have talent, he was very experienced and was also an excellent mentor for newcomers.
Wen Chao can now handle things independently, having learned a lot in the past half-year while by his side.
Sun Yutao nodded in understanding and followed Lu Liang to the office upstairs, suddenly stunned.
He didn't expect it would be such a young girl, possibly not even 20 years old.
"Manager Sun, hello, my name is Sakurada Miyuki. It's an honor to learn alongside you."
Miyuki smiled sweetly, very politely, bowing deeply. Sun Yutao was caught off guard and quickly said, "Miss Sakurada, we can all learn from each other."
A beautiful girl from a foreign land, personally introduced by Boss Lu, he really dared not accept such a courtesy, who knows, she might become his boss's wife one day.
Even if not the boss's wife, she could become a governor, given that Lu Liang had never introduced a girlfriend to work at the company before.
In his several companies, the only person related to Lu Liang was the non-managing driver, Fang Shiyu.
"You should discuss how to set up a scheme, the objective is not making money, but to severely damage Binance."
Even if the hundred million US dollars turns into bad debt, it doesn't matter, as long as it destroys Binance, the money is well spent.
Lu Liang left, and Miyuki became more lively, suddenly curious, she asked, "Manager Sun, what did Binance do to offend my gentleman?"
Sun Yutao shook his head and said, "I'm not too sure either, but Mr. Lu must have his reasons for doing so."
Miyuki uttered an "oh" without further inquiry, instead asking about trading-related knowledge, absorbing unknown information like a sponge.
Although she is a top student at Tokyo University, after all, she's just a junior student, trading on ordinary days but with not much market experience.
On the other hand, Sun Yutao, a graduate of Nanda College, has been in the market for over a decade, a standard pragmatic type, his knowledge reserve not inferior to that of school experts and professors.
That night, during the most active trading hours in the early morning, Bitcoin launched another assault on the 19,000-point mark.
It once surged to 18,999 points, nearly breaking through, but soon retraced due to lack of momentum.
At the same time, Zhao Changpeng, in Modu, suddenly received a call from the head of the short selling department.
He learned that a newly opened account applied to them for a threefold leverage of $15 million in short selling.
"Mr. Zhao, should we agree?" the head asked.
A $10 million position at fivefold leverage requires them to provide $40 million in chips.
This is not a small number; the company holds only 25,000 Bitcoins, valued at $475 million.
5,000 of them are untouchable base position chips, and a few thousand more out of the remaining 20,000 have been loaned.
Only 15,000 chips are available; agreeing to a $10 million fivefold leverage means a significant reduction in held chips.
The fewer chips in hand, the lower the ability to resist risk; if the market retreats, they wouldn't even be able to escape.
"This is the kind of business we do; as long as we manage the risk control well, it's fine, and tell him the daily interest rate is discounted to 0.018%,"
Zhao Changpeng squinted and smiled. He doesn't know where this old "leek" came from, probably seeing tonight's second failed assault on 19,000 points and thinking of taking the opportunity to short.
He could only say, it's still too naive. The 19,000-point barrier will definitely break, and 20,000 points is just a matter of time.
Now shorting is not a wise choice.
However, they have no obligation to remind, as long as they manage account risk control and ensure no loss of self-interest, it's okay.
At this moment, Sun Yutao also received feedback from the Binance manager, a slight curl at the corner of his mouth: "Okay, no problem, stay in touch anytime."
Seeing Sun Yutao finish the call, Miyuki curiously asked, "Manager Sun, didn't the gentleman say that 20,000 might be the top?"
Bitcoin's fluctuations are huge, so the tolerance rate for tenfold leverage is very low, and they haven't yet adopted margin trading.
As long as the price increase exceeds 3.5%, it triggers a warning, and the platform has the right to forcefully close the position.
This means they can't even hold out to 20,000 points, having to consider replenishing around 19,600 points.
"Miss Sakurada, we're just here to replenish."
Sun Yutao patiently explained that if they don't use the continuous replenishing method, Binance wouldn't provide such a high short selling limit.
Miyuki suddenly realized, "Manager Sun, are you worried they might refuse to process it, so you use this method?"
"That's exactly to make them think we're being caught, not knowing it's they who bit the bait." Sun Yutao squinted with a smile.
By that time, it would be a situation where the fish and fisherman switch roles, and Binance would have no way to refuse.
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