KOL Trading Scam: Liangxi is not the only one who collapses, but a group of people being detonated
The liquidation of Liangxi has attracted attention across the internet, but what is truly worth discussing is not his personal tragedy, but rather the trading ecosystem scam behind him—a collective hypnotic game led by KOLs, followed by retail investors, and driven by leverage.
Don't be scared by his '200 million dollar position'; that's not all his money. He mentioned in the text: 'I found several cooperating large traders, as well as a previous boss, to collaborate on U together.'
To translate: these are managed accounts, which may be backed by people who trust him, partners, or simply fans.
This money is essentially leverage obtained through trust. He uses other people's money to bet on his own judgment, stacking multiple accounts to open positions, creating the image of a 'whale KOL', and then waiting for the market to give him 'face'.
But what if the market doesn’t give him face? He collapses.
What if he collapses? He continues to add funds, continues to endure, continues to cry.
The essence of this game is not to make money, but to perform. It is about using heavy positions, emotions, and real trading screenshots to create a sense of authority, then attracting more funds to continue gambling.
This is not just Liangxi’s problem, but a common path dependency among KOLs in the crypto space. They do not rely on trading for profit, but on building personas to drive traffic, and then monetizing trust, stacking managed accounts into 'real trading legends'.
Liangxi is merely one of the characters who has collapsed; when he faced issues, some felt sorry for him; but don't forget, there are countless 'Liangxis' that haven't exploded, continuing to play the same game behind the scenes.
Remember this: What KOLs explode is not their money, but your illusions about them.