Behind the $20 million loss of #凉兮 : When 'persona' outweighs trading, liquidation is just an inevitable outcome
There is an unspoken truth in the crypto circle:
Many KOLs don't actually make money through trading, but by 'pretending to make money' to gain trust and monetize traffic.
Liangxi's $20 million liquidation is not an isolated mistake, but a microcosm of the systemic collapse of an entire managed trading industry chain.
He didn't just lose his own bets, but dragged along partners, bosses, and fans to form a massive capital pool, playing a game of piling positions with multiple accounts, creating the illusion of 'whale experts'.
You think the loss is his real money, but in fact, it is the funds you invested in him, watched his live streams, and followed his calls that are being squandered.
This liquidation serves a deeper warning:
When persona is more important than trading, when emotions become the dominant force in trading, liquidation is not an accident, but an inevitability.
Liangxi once crazily shorted at the peak of the bull market, leveraged up, stayed up all night, and traded on emotions, ultimately leading to a brutal collapse.
The market will not stop for your sorrow, nor will it reverse the trend because of your persistence. The more emotional you are, the more you will be harvested.
This is not a simple personal tragedy, but the inevitable retribution of the 'performative trading mechanism' in the crypto circle.
For everyone, this is a wake-up call:
Do not be deceived by the persona of KOLs, do not let emotions dictate your funds. The market has rules; only rationality can lead to long-term survival.
