At eight o'clock in the evening, night has completely fallen.
The city lights outside the window were bright, but Zhao Chen's eyes never left the screen.
The price of Bitcoin is still fluctuating not far above 15000 US Dollar.
Still trading sideways.
Zhang Qingxue stared at the K line that was almost the first line and couldn't help but ask:
"Chairman Zhao, how long will this last?"
Zhao Chen looked at the time:
"Soon."
Of course he knew what was going to happen next.
Previous Life That night, he saw on the news that K-line Chart - 16000, 17000, 18000, 19000 - 16000, 17000, 18000, 19000, one after another being broken through crazily.
As long as it breaks through 16,000.
Then, came the craziest moment in history.
But now, he holds 350,000 Bitcoin in his hand.
He wants to use these 350,000 coins to stir up the storm in this magnificent history.
Chen Xi had woken up, washed his face, and sat in front of the computer in high spirits.
Su Wantang brought several cups of hot coffee and placed them in everyone's hands.
"It will be very busy tonight." Zhao Chen said,
"Everyone keeps an eye on their own accounts. Chen Xi is responsible for three, Aunt Zhang is responsible for three, and I keep an eye on the main account and the overall market."
Zhang Qingxue nodded:
"Received."
Chen Xi moved his fingers:
"It has been prepared for a long time."
Su Wantang sat down next to him:
"I can't help you, so I'll just stay here with you."
Zhao Chen glanced at her and nodded.
The clock points to 21:00.
The price is still hovering around 15,300.
At 22:00 in the evening, the price on the screen suddenly jumped.
15350.
15400.
15480.
Chen Xi Sitting head and body:
"Moving!"
Zhao Chen stared at the board and pressed his fingers on the keyboard.
15500.
15520.
15550.
Trading Volume starts zooming in.
On Bloomberg Terminal, a news flash popped up:
"Bitcoin broke through 15500 US Dollar, setting a record high. Market sentiment was exciting and trading volume surged."
Zhao Chen glanced at the time.
22:05.
It is consistent with history.
15580.
15600.
15650.
15700.
15800.
Zhang Qingxue took a breath:
"It's too fast... It's only been five minutes and it's gone up 300 points."
15900.
16000!
Chen Xi shouted:
"16,000!"
Zhao Chen's fingers on the keyboard:
"First batch, 50,000 pieces. Sold as planned."
On the screen, sell orders begin to appear.
16020, sell 5000.
16050, sell 5000.
16080, sold for 5000.
One stroke after another, they poured out like bullets.
Reuters's news pops up:
"Bitcoin breaks through 16000 US Dollar for the first time, analysts warn of 'extremely overbought'."
But Zhao Chen ignored it.
Five minutes later, the third batch was all sold.
Average price: 16080 US Dollar.
Returned funds: 804 million US Dollar.
There are 300,000 coins left.
At 22:15 in the evening, the price was still rising.
16200.
16300.
16400.
16500!
Zhao Chen hits the keyboard again:
"The second batch, 50,000 pieces."
16520, Sell.
16550, sell.
16580, sell.
Average transaction price: 16540 US Dollar.
Returned funds: 827 million US Dollar.
There are 250,000 coins left.
Bloomberg News pop-up window:
"Bitcoin exceeded 16500 US Dollar, and the trading volume of the futures market surged. The base platform was congested."
Chen Xi stared at the board:
"Zhao Zong, Buying Pressure are still very strong. We sold 100,000 pieces, and the price has not dropped at all."
Zhao Chen nodded:
"It's not really crazy yet."
He glanced at the time.
22:20.
The real madness is about to begin.
The K-line on the screen began to rise at an almost downward angle.
17000!
Chen Xi exclaimed:
"17,000!"
Zhao Chen's hand didn't stop:
"The third batch, 50,000 pieces. Starting now, sell as the price goes up."
17020, sell 5000.
17050, sell 5000.
17100, sell 5000.
17150, sold for 5000.
Every time a sell order is placed, the upward momentum slows down.
But soon, it was held up by more Buying Pressure.
BC news pop-ups:
"Bitcoin broke through 17000 US Dollar! The market fell into the 'Euphoria mode'. Some traders said that 'this is the craziest asset bubble in the history of human finance.'"
Zhang Qingxue stares at the transaction data:
"Chairman Zhao, we are selling too fast. At this speed, the price may be suppressed."
Zhao Chen shook his head:
"It doesn't matter so much."
He looked at the board:
"As long as there is Buying Pressure. we will sell it to him."
The average transaction price of the third batch is: 17120 US Dollar.
Returned funds: 856 million US Dollar.
There are 200,000 coins left.
The price hovered around 17200 for a full five minutes.
Buying Pressure is gathering strength, and selling orders are constantly emerging.
Reuters News:
"Bitcoin encountered resistance above 17000 US Dollar, and the competition for Bulls and Bears was fierce. There are rumors in the market that there are giant whales shipping."
Zhao Chen looked at the news and raised the corners of his mouth slightly.
Giant whale?
He is the giant whale.
"The western batch, 50,000 pieces." He ordered again.
17200, sell.
17220, sell.
17250, sell.
This time, he clearly felt resistance.
Buying Pressure is not so crazy anymore.
Sell orders started to pile up.
"Someone is withdrawing." Chen Xi said, "Buying Pressure is decreasing."
Zhao Chen nodded:
"We're almost at the critical position."
He glanced at the account.
There are 150,000 coins left.
After the price reached 17,500, it began to fluctuate more violently.
17500.
17450.
17550.
17480.
The K line on Time-sharing Chart beats violently like an electrocardiogram.
Base official Twitter released news:
"As transaction volume surges to record highs, some users may experience transaction delays or be unable to log in. We are working hard to resolve it."
Chen Xi stares at the screen:
"Zhao Zong, all trading platforms around the world are beginning to be blocked."
Zhao Chen ignored it.
He is settling accounts.
150,000 pieces, at the current price, are worth 2.6 billion US Dollar.
What would be the effect if they were all smashed out?
He remembered the history of Previous Life - the high point of 19000 US Dollar, and then the plunge.
But now, because of the 150,000 coins in his hand, that high point may never be reached.
"The fifth batch, 50,000 pieces." He ordered, "If it exceeds 17,500 pieces, continue to sell them."
17520, Sell.
17550, sell.
17580, sell.
17600, sell.
Every sell order is like a heavy hammer hitting the rising curve.
The price started trading sideways near 17600.
At 23:10 in the evening, the data compiled by Zero Hedge went viral in the circle:
"Bitcoin from 12000 to 13000:17 hours.
13000 to 14000: 4 hours.
14000 to 15000: 10 hours.
15000 to 16000: 5 hours.
16000 to 17000: 2 hours.
17000 to 17500: 10 minutes!"
But at this moment, this crazy speed was suppressed by Zhao Chen.
The price seesawed repeatedly between 17,600 and 17,800.
Chen Xi looked at the board and murmured:
"If it weren't for our 150,000 pieces, I'm afraid it would have exceeded 19,000 by now, right?"
Zhao Chen nodded:
"Maybe."
He stared at the unreachable K line and felt a strange feeling in his heart.
Previous Life's history was rewritten by him.
It's not because of anything else, it's because he has too many chips in his hand.
350,000 pieces. At the current price, the market value exceeds 6 billion US Dollar.
Such selling is enough to change any trend.
"The last 100,000 coins," he said, "Will be sold in two batches. All the coins above 17,800 will be cleared."