Recently, Matrixport's private fund under Wu Jihan—Liuyuan No. 2—suffered a 97% loss, completing liquidation with its net value shrinking to only 3%, and the previously raised 30 million yuan has almost vanished.
And $ETH has now broken through to 2700, which has actually returned a large part of it, 'the price has come back, but the positions are gone.'
And the trader Zhao Bei (Cup Teacher) was also terminated from the partnership with the fund company during this process, quickly exiting the stage.
The rise of Liuyuan No. 2 relies on Teacher Zhao Bei's personal resources and connections within the circle. His reputation once allowed the fund to progress smoothly during the initial fundraising stage. Participants include our respected Teacher Da Cheng Zi and some early BNB holders. Many users were also attracted by the 'double' returns of Liuyuan No. 1.
However, it is said that the net value of Liuyuan No. 1 is very low, even not exceeding 1 million yuan, so it actually has no reference value.
As investment failures led to a severe shrinkage in net value, some supporters turned away, friendships turned to opposition, and there were daily sarcastic remarks. Teacher Zhao Bei has also explained many times, but it was actually of no use.
The little monk said that Zhao Bei would invest about 2 million yuan of his own funds into the fund, ultimately losing everything. Due to investment losses and legal pressures, Zhao Bei left the country, and his family and life suffered severe blows. This information has not yet been substantiated.
The liquidation of Liuyuan No. 2 is not just a simple matter of the trader's failure; it actually exposes a bunch of operational issues within this fund company. Is its risk control and management too insincere? No stop-loss positions, no sufficient disclosure, and anyone can start a fund to create a buzz.
Many investors invested due to personal relationships. Although I didn't invest, for a professional investor, 'the price has come back, but the positions are gone,' it must be hard to accept.
The life of a retail investor is still life.
I dare not play with Matrixport anymore.