High School Belle Fell in Love with Me

The biological clocks of the three people in the room were completely out of sync.

Xiangnu could sleep anytime, Jiang Banxia stayed up till dawn, while Li Yang went to bed early due to matters concerning the A-shares.

He hadn’t bothered with the online opinions at all.

Jiang Banxia, when she released that video, was already prepared for the backlash.

Perhaps she hadn’t considered there would be backlash, but she could completely accept the situation.

She knew that Li Yang would surely find a way to clear her name, and the cost of this might be significant.

So she could only focus on her own tasks, striving to earn more money.

Currently, the price of Bitcoin had fallen to around five thousand US Dollars. Jiang Banxia had previously acquired a batch of spot chips and had been gradually releasing them over the past few days.

Not only had she not incurred a loss, but she had made a small profit.

However, the main focus was on controlling the market.

The opponent’s short positions thrown into the market were largely at the five thousand US Dollar mark; she wouldn’t allow them any profit space, otherwise, they might cash out and run immediately.

The opponent had liquidated 4 billion US Dollars in short positions, and 400 million US Dollars had turned to dust.

However, the opponent eventually added more funds, currently opening short positions totaling 56 billion US Dollars, using a capital of 5.6 billion US Dollars, distributed across various price levels.

A third of it was at the 5,500 US Dollar mark, another third at the 5,000 US Dollar mark, and the remaining third at the 4,500 US Dollar mark.

On average, it was positioned right around the 5,000 US Dollar level.

These past few days, when the opponent dumped chips, Jiang Banxia bought them; when they weren’t dumping, she would covertly release some of her chips to maintain market trading volume, avoiding a temporary surge due to insufficient market chips.

By doing this, the opponent didn’t have the risk of liquidation, naturally making them less likely to retreat easily.

She wasn’t eyeing that 56 billion US Dollars; she wanted to lure the opponent into increasing their capital.

The Bitcoin contract market was vast; just the contracts opened on the Huobi Platform had a value exceeding 500 billion US Dollars, and many contracts were leveraged, with daily trading volumes spiraling out of control.

Hundreds of billions of US Dollars in contract transaction amounts, and the Huobi Platform would earn over 40 million US Dollars daily just in fees.

Moreover, the platform’s operating cost was very low; even with two to three billion US Dollars spent annually on advertising, the annual operating cost didn’t exceed five billion US Dollars.

It’s just that operating this platform carries risks; if caught, the problems would be significant.

She had no idea how Li Yang convinced Chen Peipei to take the fall for him.

But the profits were astounding.

She could see all the profit figures here, including the dividends distributed by the platform last year, which were given out twice, and Chen Peipei’s side received over 8 billion US Dollars.

And Li Yang, utilizing the platform’s advantage, crazily absorbed short contracts and then sold them high, earning nearly 5 billion US Dollars.

In her opinion, Li Yang was still a bit too conservative.

However, the trading volumes in the past two years weren’t very high, so it was understandable that Li Yang didn’t dare to leverage.

Now, despite Bitcoin dropping from its peak of nine thousand US Dollars to five thousand US Dollars, the trading volume hadn’t decreased, indicating that more and more money was coming into the market.

This was a good thing; she just needed a trigger to push the Bitcoin price up.

Now was the time to lure the opponent into raising their stakes.

...

Several other Bitcoin trading platforms were completely at a loss as to what to do at this moment.

This group of people, unusually, sat together.

Anyway, at this point, they weren’t afraid of any trouble; there wasn’t much to target on them, no one was particularly interested. So they decided to sit together and discuss how to take down the Huobi Platform and share in the spoils.

There were both Easterners and Westerners present...

An Easterner began to speak: "Ladies and gentlemen, from what I understand, behind the Huobi Platform, there isn’t just Li Xiao; there may also be a woman named Chen Peipei involved, and she’s currently in Mainland China."

A Westerner said: "Sir, we are not here to discuss these matters; we need to find a way to use contracts to make the damn Huobi Platform lose all its capital!"

"But we can’t do it!"

"Impossible! The Huobi Platform has surely absorbed our short contracts. As long as the price of Bitcoin drops and triggers market panic with more people opening short positions, the Huobi Platform won’t be able to hold up."

"Hey, you underestimate the depth of the Huobi Platform. They have at least billions of US Dollars in hand. Are we expecting to earn hundreds of billions from them with just tens of billions? That would mean crashing the Bitcoin price to two thousand US Dollars. Do we have that many Bitcoins?

Moreover, they hold the initiative; even if they face liquidation, they could forcefully stabilize the contracts by adjusting the algorithms or add more margin. On the contrary, it’s much easier for them to liquidate us!"

"Impossible! They won’t have a chance to liquidate us. They have acquired at least 800,000 Bitcoins during this period, which means they’ve spent at least 4 billion US Dollars, and they’re already short on cash!"

"Doesn’t that mean there aren’t many Bitcoins available in the market? It’s instead easier for them to drive up the prices."

"NO, NO, NO; they can’t imagine how much Bitcoin there truly is in the market unless they have the guts to eat up 5 million Bitcoins, heh... that would require nearly 30 billion US Dollars. Their contracts would also require substantial funds; even with leverage, it would take more than 10 billion US Dollars, and they’d burst right on the spot!"

Everyone fell silent.

If what this guy said was true, then indeed they had dragged the Huobi Platform into a pit.