In the crypto world, there is a person who some consider a madman, simply lucky to encounter the 519 event, seeing money as nothing, and repeatedly going all in, creating a myth in the crypto realm. Some say he is a genius, averaging 1,500 trades a week, trading every five minutes except for sleep, using 60x leverage to turn 1,000 yuan into 40 million, creating another miracle in the crypto world. Others say he is a pitiful person, lacking parental love, beaten by his biological father, and scammed by his brother's girlfriend.
Entered the crypto world at 17 and became a legend in one battle
While most people were in high school, Liangxi used his father's ID and bank card to open his first cryptocurrency trading account. That year, 2020, the crypto world experienced a major black swan event known as 519. He shorted the market with 100x leverage and, in just one month, turned 1,000 yuan into 20 million. The crypto world has many cowards and gods, and as a famous saying goes in the crypto sphere, even pyramid schemers fear us. That year, he became a legend, with his assets multiplying by tens of thousands of times. Regardless of what he says or others say, I personally believe that achieving such great success at a young age is quite painful, especially in such a circle.
Noble character
Regardless of how one views it, Liangxi is a kind-hearted person, casually giving out red envelopes worth tens of thousands to fans. When it comes to donations, he has never hesitated, not batting an eye at hundreds of thousands. Some may say he doesn't see money as money, but I personally believe he started as an ordinary person, not a rich second generation, and understands the importance of money. However, when faced with trolls, he is unyielding, attacking them like a mouthpiece, fiercely bombarding the trolls' territory.
A pitiful and even sad environment
He has no friends; as mentioned earlier, his initial bank card was his father's, and he has always had a poor relationship with him. Later, after repeatedly facing liquidation, he asked his father for money, but his father refused. This led to a dramatic scene of fatherly love and filial piety where he cursed his father, and his father beat him. His love life is also explosive among the crypto community; his girlfriend even accompanied him to drink while he played contracts, and he encouraged fans to support his girlfriend's work. He has many fans, but even more trolls. Although there is back-and-forth in the insults, he has thought about suicide multiple times. Honestly, living is very painful for him—he was scammed by his only big brother, beaten by his biological father, and deceived by women.
The fall of a god
In the second half of 2021, Bitcoin surged, but this time, Liangxi misjudged the direction and suffered a devastating liquidation. Next came a series of failures where everything he bought went to zero, leaving him with tens of millions in foreign debt. In 2022, Liangxi borrowed money from various crypto gurus. In October, Sun Yuchen and Huobi founder Du Jun announced they would each unconditionally provide Liangxi with $50,000 in trading capital to allow him to open contracts on Huobi Live. Although it attracted a lot of attention, his assets soon went to zero. Later came the recent sensational incident regarding drinking pesticides.
