The profit from arbitrage is actually not very high. Oliver Li and his team sold the chips at around two points, and the shares were taken over at five or six points underwater.
Not many were sold, and not many orders were taken.
In about two hours, I probably earned about 10 million US dollars.
As Oliver Li took on more and more projects, the funds seemed to be unsustainable. They would give Oliver Li whatever he asked for.
However, Oliver Li only took $500 million in chips and never took any more.
Login to comment
Be the first one to comment...