The Legendary Life of Liangxi

In the cryptocurrency world, when the name 'Liangxi' is mentioned, many people envision a controversial yet undeniable legendary figure.

His real name is Geng Zhiyu, born in 2002 in Jinan, Shandong. Despite his young age, he made a name for himself early on in the cryptocurrency arena with high-leverage contract trading. In 2019, at just 17, he entered the market using his father's identity, starting with a mere 1,000 yuan, leveraging it 60 to 100 times, frequently trading and dancing on the edge, quickly earning his first pot of gold and gaining some fame in the trading circle.

What truly made him a 'legend' was the Bitcoin crash on May 19, 2021. While most people suffered massive losses, Liangxi managed to profit 40 million, and at the peak of his assets, they surpassed 100 million. He placed all his talent, courage, and luck on the market through a wild risk management strategy. Some say he is a 'genius youth,' while others believe he was just 'lucky.'

Unfortunately, the good times didn't last long.

Starting in 2022, with several waves of market failures, the leverage he used to recover became the last straw that broke him. Coupled with family disputes, his financial chain completely collapsed. It is rumored that his debts soared to 200 million, and he was publicly accused by multiple people of owing money and even suspected of fraud. His social media accounts were banned, and rumors about his 'mental breakdown and hospitalization' spread widely, causing the once 'young genius' to fall from grace overnight.

But the story doesn't seem to be over yet.

In early 2025, news suddenly emerged from Platform X that Liangxi had reportedly 'earned nearly 100 million overnight through contract trading,' repaying part of his debts, and was suspected of preparing for a 'comeback.' However, the truth of this matter is hard to discern, and Liangxi himself has not responded, leaving everything about him shrouded in mystery.

Today, some view Liangxi as one of the few 'hardcore role models' in the cryptocurrency world, while others see him as a complete gambler. His story, from a starting capital of 1,000 yuan to hundreds of millions in assets, then to massive debts and controversies, resembles a condensed documentary of the cryptocurrency world—brutal, crazy, thrilling, and realistic.

No one knows what step Liangxi's life will take next, but there is no doubt that he is both an irreplaceable legend in the cryptocurrency realm and a living warning about 'speculation, extremes, and costs.' $BTC $ETH #以太坊突破3700 #NFT市场回暖