Liangxi's liquidation event, the endgame is a mirror of the crypto world
Liangxi's liquidation is not a tragedy of one person, but a concentrated manifestation of an entire set of ecological diseases in the crypto world. He was merely the first to fall, to be seen, to be watched, while many similar mechanisms and structures continue to operate silently.
What do we see in this event?
We see a trader who should have been calm, being dominated by emotions, staying awake for three days and frantically increasing positions;
We see a KOL with hundreds of thousands of followers, using liquidation as content and losses to gain sympathy;
We see a bunch of “cooperative accounts,” “big players rushing to buy,” “leveraged real trading,” merging into a blurry boundary of trust and responsibility;
We even see a group of people, after his liquidation, still fantasizing that “he will turn it around,” even “this is the last time.”
Liangxi did not collapse by chance; he was inevitably drawn in. Because the underlying logic of this system is:
> “Only by heavily investing can stories be created; only liquidation can generate heat; pain resonates more than profit.”
This is not trading; this is a sacrifice. Feeding the flow with the souls of liquidated traders, maintaining the myth of KOLs, continuously feeding retail investors the “comeback dream.”
Liangxi may return, or he may fall silent from now on. But no matter how he chooses, one fact remains unchanged:
He has become a mirror of the crypto ecosystem.
In that mirror, there is not only his madness, collapse, and failure, but also the figures of every follower, imitator, and resonator.
Will all of this end? No.
After Liangxi, there will still be “passionate new KOLs,” there will still be the next round of “king of real trading,” and there will still be people using losses to gain trust, using emotions to trade.
But you can choose to be awake.
Don’t take others’ liquidations as a reason to continue your fantasies;
Also, don’t take others’ reviews as an excuse for your blind following.
Let this storm of liquidation be your ending, not your starting point.
You see Liangxi, but think clearly about what kind of person you want to become.
