Liangxi's Huge Loss of 20 Million USD: What He Burst Was Not a Position, But Trust
"I don't want to live anymore, I'm in debt, I'm feeling too miserable."
A long post by Liangxi about his liquidation went viral across the internet, losing 10 million of his own funds in just 2 months, and dragging his partner into a deep pit of 20 million USD.
But what is truly terrifying about this matter is not how much he lost, but the fact that he lost other people's trust.
Have you ever thought about how those "cooperating big players," "former bosses," and "fan funds" were brought in together? Was it through live broadcasts calling trades, through screenshots showing positions, or through the illusion of the "whale KOL" he created?
The essence of the crypto circle's game has never been profit, but performance. And Liangxi is just one of the fallen "main characters."
This time, what he burst was not a position, but everyone's illusion that "a persona can bring profit."
