In the crypto world, there’s a person named Liangxi, whose experiences are even more convoluted than a novel: starting with 1000 yuan and reaching tens of millions, only to later end up with a debt of 200 million. It's quite insane.

It's early morning, and there are probably still people awake, so I'll share his story; those with weak hearts might want to listen carefully.

In 2021, Liangxi was only 17 years old, entering the crypto world with 1000 yuan, as if he held a small key to pry open the doors of wealth. Who would have thought he actually succeeded?

During the period of Bitcoin's plunge, he dared to use 60x leverage. In just seven days, his assets skyrocketed like a rocket, reaching tens of millions. The title 'Contract God' spread rapidly, and nearly everyone in the crypto world knew him. He was living the high life at that time with luxury cars, villas, and expensive goods.


But in the crypto world, making money isn't that easy, is it? The market is like a heartless demon, changing on a whim. Later, he became obsessed with a 60x leverage long position, stubbornly holding on in a volatile market, which ultimately led to his liquidation. To recover his losses, he took out high-interest loans, which felt like falling into a bottomless pit. After another liquidation, he was burdened with a debt of 200 million.

Fell from the sky to the ground in an instant, luxury cars disappeared, the villa vanished, and he was even sent to a mental hospital. This drastic change is something anyone would struggle to bear.
During his worst times, he couldn't see a way out and live-streamed drinking pesticide, but luckily, he was saved after netizens reported him. During that period, his life felt like it was trapped in darkness, and the whole internet laughed at him, calling him a 'gambling dog.'


But Liangxi is not an ordinary person; he has an inherent resilience. In 2025, he returned to the crypto world with the 1000 yuan he saved from working on a construction site. It seemed luck was back on his side. When Bitcoin crashed, he seized the opportunity to short with 60x leverage, and overnight, his account balance skyrocketed from four digits back to seven digits, marking a remarkable comeback.

That's the story for now; personally, I admire Liangxi quite a bit. At just 17, he had such courage and wasn't crushed by his losses. Life is probably like this; you have to go through some things to truly grow at certain moments. Alright, crypto friends, good night.

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