At this moment, Amaranth (Amaranth) Fund, Brian Hunt looked numb, and sat on the ground without love!

Hours passed, and he was still motionless, without the slightest sleepiness, like a dead tree that had lost its vitality!

He was in great pain!

It is hard to imagine the consequences of 1.5 million natural long positions in NYMEX being forcibly liquidated!

I don't know how much money I'm going to lose!

This time, it is estimated that the Amaranth fund is going bankrupt!

In 2008, I escaped, but I didn't expect a black swan to fly again, and this time it must be over!

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Time passed, and all the members of the Amaranth Fund were informed of the loss!

I can't wait to kill Brian Hunter on the spot!

After Brian Hunter was punched a few times by several people in charge, he was spread on the ground motionless and fainted!

So everyone called an ambulance.

At the same time, they also sent an email to their customers, because the "unexpected" collapse in natural gas prices caused their investments in energy to suffer significant losses.

Since the Amaranth fund is a well-known "big player" in the NYMEX natural gas futures market, the news of the loss of the Amaranth fund quickly spread throughout the Wall Street financial market on the same day, causing a lot of shock and speculation in the market.

On that day, the New York Times disclosed that the Amaranth fund had lost at least more than $20 billion in speculative natural gas futures!

After the news of the sudden huge loss of the Amaranth fund spread, its investors, lending banks, and partners demanded that it return the loan and deposit, but the Amaranth fund has been liquidated!

According to the grapevine, the Amaranth fund may lose $21 billion this time!

Due to its excessive position in natural gas futures, after a large number of liquidation orders poured into the market, the accelerated decline in futures prices increased the loss of its original position, and the loss of the Amaranth fund has expanded to more than $20 billion, accounting for more than 80% of its total assets.

Investors who invested in the Amaranth fund included Goldman Sachs, Morgan Stanley, 3M Pension Fund, and the National Pension Fund Association of San Diego, all of which suffered serious losses in the end.

Playing a key role in the Amaranth fund's speculative gas futures losses was Brian Brown, a 32-year-old Canadian "star" natural gas futures trader who joined the Amaranth fund from Deutsche Bank in 2004 and had previously worked at Deutsche Bank for three years, specializing in natural gas futures trading. He has a brilliant trading record, and even has a "profound" experience of "liquidating" a loss of $51.2 million in a week. However, his rich experience in natural gas futures trading and his calm and persistent trading style enabled him to successfully seize the opportunity to go long in September 2005 when the price of natural gas in the United States soared due to Hurricane Katrina hitting the Gulf of Mexico, and made more than $1 billion for the Amaranth Fund, and thus received a year-end reward of about $75 million to $100 million.

Because of the sweetness in natural gas futures trading, coupled with the meager profits of convertible bond arbitrage trading, after entering 2006, the Amaranth fund continued to increase its investment in natural gas futures, using about half of its assets in natural gas futures trading. In the first four months of 2006, Hunter made $2 billion for Amaranth, and although he lost $1 billion in May, Hunter made another $1 billion between June and August.

Although Amaranth suffered a huge loss in 2008, suffered a defeat at Waterloo, and almost went bankrupt!

But Amaranth was lucky enough to survive and was brought back to life in the years that followed!

The asset size is as high as 25 billion US dollars, and it has also made a lot of money for customers during this period!

At the end of January this year, Brian Hunt said in an interview that the profit returns of speculative natural gas futures were "huge": "The volatility cycle of the crude oil futures market generally takes several years, while the volatility cycle of the natural gas futures market is only a few months!"

However, it is difficult for people to calculate, and there is no "winning general" in the market!

Soon after the results of the internal negotiations in Ukraine, international gas plummeted by 700 points!

The bulls have a stampede to close their positions!

And Brian Hunter earlier "bet" on the price of natural gas futures to rise and establish a huge long position in NYMEX natural gas futures!

But the international gas market has been attacked by the results of internal negotiations in Ukraine!

So the market did not move in the direction (up) judged by Hunter, but plunged sharply!

NYMEX natural gas plummeted by up to 1,800 points!

As a result, Hunter's "heavy bet" suffered heavy losses and "accidentally" brought down the huge Amaranth fund!

At the moment NYMEX gas has rebounded to the 4.700 position!

And the remaining positions of the Amaranth fund are still not closed!

At the moment, Goldman Sachs, Chase Bank, Citibank, Barlake Bank, HSBC, TD Bank, Societe Generale... Deutsche Bank is preparing to continue to liquidate the Amaranth fund at the opening of the market!

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When Chen Hui and Ling Yu'er got up, it was already afternoon, and Chen Hui turned on the news and watched the Amaranth Fund make headlines in the world's major news media.

I may have lost more than $20 billion this time!

It is currently being cleared!

Chen Hui shook his head and smiled, and said secretly: "There is a black swan flying overhead!

"Fortunately, I have been holding back the position before, so I didn't let the NYMEX natural gas rebound and rise!"

"And when I was still at the 4.530 position, I shorted 100,000 lots of NYMEX natural gas!"

"This blow directly blew up the Amaranth fund!"

Before the results of the internal negotiations in Ukraine came out, NYMEX natural gas was still in a strong state!

Chen Hui also seized the opportunity to increase his position by 200,000 hands again!

The number of long positions in NYMEX natural gas has risen from 1 million to 1.2 million lots!

After the results of Ukraine's internal negotiations came out, NYMEX gas also collapsed in an instant!

The bulls in the market have stampeded their positions!

It plummeted by 700 points in one minute, and Chen Hui has not closed his position, just to wait for those big guys to blow up!

When NYMEX natural gas was at 4.530, Chen Hui shorted 100,000 lots of NYMEX natural gas!, sending the Amaranth fund to hell completely!

At this time, Ling Yu'er, who was beside Chen Hui, was surprised: "Wow, Chen Xiaohui!"

"You've made $21 billion this time, and a giant hedge fund is finished!"

"They also seem to have lost more than $20 billion!"

"You're amazing!"

Saying that, Ling Yu'er looked at her boyfriend adoringly!

Chen Hui smiled faintly and said secretly: "No one would have thought that Ukraine's internal negotiation influence would be so strong!"

"Speaking of which, the previous international gas surge this time was because the situation in Ukraine was becoming more and more tense!"

"And the plunge is also due to the sudden change in the situation in Ukraine!"

"Success is also Xiao He, defeat is also Xiao He!"

Thinking of this, Chen Hui looked at Ling Yu'er disappreciatively and said, "I'm just a soy sauce maker!"