Twenty million U.S. dollars leveraged billions of U.S. dollars in trading volume
TRB’s traders this time are simply geniuses
It is not an exaggeration to say that he is an ant eating an elephant.
Let’s talk about the TRB trader’s operation in detail.
Step 1: When choosing coins, I chose TRB with a low market value. Even if it is now 37, the market value is only over 60 million.
Step 2: Scan the goods in advance. It is known that the address that accounts for 40% of the circulating market value has an average price of only 19, which is relatively low.
Step 3: Lay out contracts in advance. I believe that all major exchanges have long positions they have built during the sweep of goods.
Here, it only costs 12 million US dollars to scan goods and build contracts. In fact, it doesn’t cost that much. For the sake of convenience, let’s assume that 40% of the previous market value only costs 12 million US dollars.
Step 4: Continue to pull the offer with small funds. At this time, the price has risen. The key point is that the rate has become negative.
Step 5: Use the contract’s capital fee to maintain high prices, because most of the circulating coins are already in his hands, and the contract capital fee is more than enough to pull the market.
Step 6: Publicly withdraw coins into the wallet. This is the most embarrassing. If the public withdraws the coins and leaves, the remaining circulating market value actually belongs to the institution. The project team has everything in hand to check, which avoids the exchange data from being ruined. Of course, some stupid exchanges have tried it, and they can only compensate in full. How many people came to defend their rights back then did not give such compensation. Why is Nurse Xu so proactive this time? It’s not because there is no currency on the chain. What are you selling it for? , either you admit that the data ruined the market, or you lose money.
To put it simply, it’s just these few steps:
Let’s calculate his income. The spot price of 12 million is almost doubled. Let’s consider it 10 million here.
Even if the leverage of the contract is doubled, the income will still be 10 million
The funding rate has exceeded the principal by 15 million. Excluding the millions that may need to be raised, it can still be calculated as 10 million.
That is 22 million U.S. dollars, with a base income of 30 million U.S. dollars.
This is conservative so far. There are other staged financial products, which I don’t know about.
He's a winner right now
There is no way to stop the rate, or the exchange will change the price rules of the perpetual contract. The possibility is zero. People and exchanges usually dare to adjust it every two hours. Will they dare to adjust it this time?
Either the contract price is the same as the spot price, then people will start to close the contract orders, open short orders, and mobilize chips to hit the market.
In other words, now it depends on how long he wants to play.
Those big guys who easily blow up their positions to hundreds of millions, look at them