The Bloody Carnival Ends: The Last Days of a Leveraged Gambler and the Collective Hysteria of the Crypto World

At the moment when Liangxi emptied his Twitter account, the crypto graveyard gained tens of thousands more buried dreams of sudden wealth. This 22-year-old young man, over the course of three years, played out a script more frenzied than 'The Wolf of Wall Street' on the candlestick chart—from ramen money to eight-figure assets, from 200 million in debt to a miraculous comeback, ultimately turning to ashes in the death spiral of Ethereum.

【From Altar to Abyss: The Life and Death Cycle of a Gambler】

On the bloody night of May 19, 2021, this young man from Shandong turned 1,000 yuan into tens of millions with 38 extreme rollovers. As the entire market cried out in despair during the waterfall, his smiling face showing the account balance to the camera became the bible in the hearts of countless retail investors. But when the market reversed, his stubborn short positions caused him to lose all his chips, and the figure rumored to be carrying cement on construction sites to pay off debts was more ironic than any risk warning.

The zombie-like return in 2025 felt more like an apocalyptic carnival. His achievement of hunting down 200 million in debt in a single month transformed him into the 'Disciple of Soros', with followers in the trading group betting their dowry money, life savings, and even mortgage payments, collectively partying on the tightrope of 500x leverage. Until one morning in April, Ethereum's violent surge sent thousands of accounts straight to hell, and the last snapshots in the chat records were filled with missed voice calls in red.

【The Bloody Algorithm Behind the Illusion of Sudden Wealth】

This legend known as 'Contract Cult' is, in fact, a cruel math problem:

Infinite Life Cheats: Every liquidation has a mysterious benefactor extending life, while ordinary people only get one chance to play the game.

Anti-Human Threshold: Even when crushed under 200 million in debt, he was still live-streaming while munching on pancakes, laughing and chatting.

Digital Paralysis: For him, the account balance is just a game score, not the surgery fee for his wife or the milk money for his child.

Those who worship 'Liangxi's Strategy' do not know that what they admire is actually a ghost in statistics—when millions of gamblers toss a coin at the same time, there will always be a few lucky ones who get heads 20 times in a row, and Liangxi is just that chosen coin.

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