I stole someone else's ticket to rebirth

The essence of this matter is that Bitcoin is anchored to the US dollar.

Of course, the existence of Bitcoin challenges the role of the US dollar in the global financial system and may even shake its core.

However, due to the attributes of the US dollar, we currently have to use US dollars for transactions. No matter what currency it is, it must eventually be converted into US dollars.

To some extent, it also increases the core strength of the US dollar in the short term.

This is why the United States has not officially banned Bitcoin. They also want to get out of this.

However... Bitcoin is ultimately a very small link in the entire financial system and cannot be considered the focus of financial games. They are not going all in, nor will they pay a huge price to kill this thing.

Li Yang doesn't want to take action now. The loss of tens of millions of dollars is the loss. The most important thing is to resolve this matter as soon as possible and maintain the reputation of the Huobi platform.

The other party went to so much effort just to bite a hole in the Huobi platform, but with such a small hole, not much can flow out.

Perhaps they wanted to bring down the platform in one fell swoop, but they underestimated the platform's resilience and overestimated their own influence.

Unless they have the ability to allow everyone to withdraw cash in an instant.

This kind of thing is almost impossible to do.

However, this kind of thing cannot happen too often. Once it happens too many times, it will lead to a gradual loss of users.

This time, perhaps a lot of users will be lost.

Li Yang is not clear about the capital structure of Bitcoin spot.

However, he knew the financial structure of the Bitcoin contract very well.

Currencies come from all over the world, of which the US dollar accounts for 50%, the RMB accounts for 20%, the euro and the yen account for 25%, and the rest account for 5%.

The main reason why the US dollar accounts for too large a proportion is that the currencies of many small countries are not supported by the platform, so they can only turn to the US dollar and use the US dollar platform to join in.

He knew that there were many domestic users and that there might be tens of billions of funds involved, and he even provided convenience for a lot of domestic funds.

But he would never worry about anything because of this, even if the money from the country came from wrong sources.

It is impossible for him to refuse to accept RMB, as that would help cultivate users for his competitors, and those funds would also flow into other platforms.

Jiang Banxia also knew that it was his own actions that brought about this negative effect. He had to pay out some money before he even made any money, and might even lose some users.

It is difficult to measure the value of those users with money.

Her laptop contains all of Li Yang's account information, but she has never taken care of the others. It is Chen Peipei who is handling them.

She was fine today and took a look.

It was discovered that the only positions were short, and the account funds reached a terrifying amount of 80 billion US dollars.

However, out of the $80 billion, nearly $60 billion is restricted.

Because selling short orders will obtain funds from the market, those funds will be retained in your own account. However, the money cannot be moved until the short contract is repaid.

If the value of all short contracts held by Li Yang falls to zero, it means that all the money in the account belongs to Li Yang.

Judging from Li Yang’s stock holdings, he has shorted almost the entire world.

He is involved in almost all crude oil products that can be shorted, with total funds reaching 50 billion US dollars.

The average leverage is five times.

But... Jiang Banxia soon noticed that in addition to shorting crude oil, Li Yang also had a large position in shorting Boeing.

Boeing has indeed not been doing well recently, with its market value falling from US$400 billion to the current US$310 billion.

Theoretically speaking, even if the short position was not fully sold, it was almost done. There would not be a fluctuation of 20 points up and down. As a result, Li Yang shorted a full 10 billion US dollars, which was divided into three accounts.

It is equivalent to borrowing three points of Boeing's shares from a brokerage firm and selling them on the market.

At any time, she felt that what Li Yang did would not be aimless.

When Li Yang says he is bearish, he means he is bearish.

However, when she checked the relevant data, she found that there were not many short orders for Boeing.

Especially the shares held by major securities firms, which together account for 25%

This is a terrifying number. Li Yang has already taken up 3%, and those brokerage firms still have so many. Does this mean that except for the ones held by Li Yang, there are almost no short contracts in the market?

So what was Li Yang’s purpose in shorting hundreds of billions?

His funds have already been invested and there is not much room for further operations.

She looked at Boeing's K-line in the past few days and found that the trading volume was very good.

Over the years, the U.S. stock market has created an illusion for investors around the world, that is, every decline is an opportunity.

Because every time they fell, they were pulled up again.

Therefore, even if those stocks have fallen by more than half, there will still be countless investors flocking to them.

Basically, short selling is a right unique to Wall Street. Others generally dare not touch it. At most, they buy some stock index futures and short sell individual stocks. Most people don't have that courage.

Jiang Banxia feels that there is sufficient support from below, and Boeing has already fallen into a golden pit.

As the global leader in large aircraft, there is no shortage of orders every year. The global shipping aircraft shortage in the next five years will be more than 8,000, and Boeing has countless orders to take.

Fundamentally speaking, Boeing is unbeatable.

This time, Xinguan has indeed affected the air transport business, but at the same time, the current lower crude oil prices are also good for transportation costs. A drop of 20 to 30 points at this time is considered to be a drop no matter who looks at it.

Jiang Banxia felt that there was more to it than just this...

Moreover, there are many ways to short sell U.S. stocks, not just borrowing chips from brokerages. Real bigwigs will never make their actions so obvious.

Brokerage firms' holdings are public. They will make public how much has been loaned out and how much is left.

Three days ago, the brokerage firm's share was still 25%, but in these three days, Li Yang's account took in nearly billion US dollars in shares.

This means that there were still short orders in the market three days ago, but now the short orders are decreasing.

On the evening of March 3, Jiang Banxia took a look at the situation.

I tracked Boeing's performance in real time.

Everything seems normal, except that the brokerage firm's share has increased slightly.

Someone has repaid the short position again, and all the short positions in the market should have been wiped out.

Boeing completed transactions worth US$6.4 billion that day, which was a significant increase compared to previous days.

The daily trading volume is around 5 billion US dollars. On the previous day of a big drop, the trading volume was only 9.4 billion US dollars.

At this time, Jiang Banxia couldn't see the situation clearly. The only thing she could do was to use the principle of hypothesis.

This is a thought that can only be triggered in Li Yang.

Suppose that Boeing is to be shorted on a large scale, then... the opponent will definitely not put it out in the open in advance.

The more stable it appears on the surface, the more uneasy it is behind the scenes.

June 3th, Friday night.

Jiang Banxia once again set his sights on Boeing.

Li Yang has already dealt with yesterday's incident with Chen Peipei. Although the loss of some users is inevitable, at least the basic base has not been shaken.

There is no way to send internal messages on the Huobi platform now, otherwise those accounts will be blocked directly.

You can only wait for those transactions to be completed. If the money is returned to the bank account, then it’s fine. If it continues to be executed and is directly paid to the user, then you can only think of ways to recover it.

There is no way to get it back.

At this moment, Jiang Banxia suddenly said, "Husband, do you have any other securities accounts? Lend it to me."

"Hmm? What are you going to do?"

"I'm going to short Boeing."

Li Yang immediately said, "Do you have to come?"

"Yeah, yeah!" Jiang Banxia nodded seriously.

Li Yang said, "Okay, I'll ask Chen Peipei to get you a few accounts."

Although Li Yang is confident that he can make billions of dollars from Boeing's stock, if he is lucky he might be able to make seven or eight billion dollars.

But since Jiang Banxia wanted it, just give it to her.

After all, Jiang Banxia didn't refuse when he wanted it. Even if it was a hindrance, there might be others in the future...

After a few minutes, the account was set up.

Jiang Banxia began to allocate funds.

Since he didn’t have to go to the company tomorrow anyway, Li Yang simply came over.

Then he saw a magical scene.

Jiang Banxia directly borrowed $500 million worth of Boeing stock from a brokerage firm, with a four-fold leverage.

After lending out these stocks, she sold them directly on the market, instantly dropping Boeing's share price by three points.

Because Boeing's ability to take over is not strong at this time, and the market is not prepared for a sudden large-scale investment.

Li Yang: "????"

It's so obvious, it's obviously to attract other people's attention.

However, Jiang Banxia seemed to feel that this was not enough, and after the market sentiment had been slightly restored, he once again went to the brokerage firm to borrow $500 million in stocks. All the configurations were the same as last time, except that the number of stocks this time was a little more.

Once again, smashed out.

She did it without hesitation.

At the same time, she started to build a position in another account, buying Boeing shares in small batches.

There are regulations on the US stock market that an account cannot hold both long and short positions on a certain stock at the same time.

And Jiang Banxia probably doesn't want people to know that these two accounts belong to the same person.

Therefore, the account used for buying is not leveraged, since you can’t make much money in the early stage anyway.

This time it was directly hit seven points below the water level, and then with funds from multiple parties, it slowly began to rise, and finally pulled to about five points below the water level. Jiang Banxia once again borrowed $500 million worth of chips from a brokerage firm, and then smashed it all.

The support this time was very weak, almost falling ten points below the water level.

Fortunately, Jiang Banxia's other account took over it.

Once a stock falls more than ten points in a day, short selling is prohibited in the U.S. and it is impossible to open a short contract with a brokerage firm.

Jiang Banxia is stuck on this line.

Boeing's sharp fluctuations caused anxiety among the chips on the market, leading a lot of funds to start selling chips.

It's only been less than twenty minutes since the market opened.

For Wall Street, there is a change.

This time, the Xinguan incident is an excellent reason for Wall Street. They are accustomed to using such black swans to draw blood from the stock market and make enough profits.

In essence, they hold more than 50% of U.S. stocks, and local institutions together hold about 30%, and the remaining 20% ​​is international capital.

To this end, they had already made arrangements a few days ago. In comparison, Boeing is the stock they value most.

With a market value of hundreds of billions, the negative news is obvious enough.

The most important point is that they can manipulate the profits of any U.S. stock.

They could easily cause Boeing to lose billions of dollars.

Similarly, it can easily bring billions of dollars in orders to other companies.

They understand things that others cannot grasp.

For example, what the White House is going to do in a month will appear in their offices as soon as it is discussed. They are the dollar's fighters and will be on the front line.