Liangxi's bankruptcy loss of 20 million: completely broke: the bull market didn't kill the shorts, but first killed trust
In a bull market, the easiest to die are not the shorts, but those who mistakenly believe they are "protected by someone."
Liangxi didn't die in the market; he died in the web of relationships he wove. Bosses, female celebrities, friends, partners, behind every smiling face, there is a knife saying "You are not allowed to be wrong."
He bore short positions, emotional burdens, and trust, only to be punctured by the market with a needle. The stop-loss point of 110,500 was precisely triggered, 1,000 bitcoins instantly slid down in price, 5.8 million dollars turned to ashes, the cooperative account exploded, and the real account collapsed.
In the crypto world, having money doesn't guarantee victory; only those who can bear the cost after trust collapses qualify to survive.
Liangxi's 20 million is the heaviest lesson of the bull market. Stop fixating on how much the coin price has risen; first, see clearly, the person you trust, how many times can they withstand the market's reversal.