In the cryptocurrency world, when the name "Liangxi" is mentioned, many people think of a controversial yet unavoidable legendary figure.

His real name is Geng Zhiyu, born in 2002 in Jinan, Shandong. Despite his young age, he made a name for himself in the cryptocurrency world with high-leverage contract operations. In 2019, when he was just 17, he utilized his father's identity to enter the cryptocurrency trading scene, starting with a mere 1000 yuan of capital, 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 in a battle" was the Bitcoin crash on "519" in 2021. While most people were losing everything, Liangxi managed to earn 40 million against the trend, with his assets peaking at over 100 million at one point. He bet his talent, courage, and luck all on the market through reckless risk management. Some say he is a "genius youth," while others think he just had "good luck."

Unfortunately, the good times didn't last long.

Starting in 2022, after several waves of unsuccessful market conditions, the leverage he used to turn things around became the last straw that broke the camel's back. Coupled with family disputes, his financial chain completely broke. It is rumored that his debts soared to 200 million, and he has been publicly accused by multiple people of owing money and even suspected of fraud. His social media accounts were banned, and there were rampant rumors online about his "mental breakdown and hospitalization," as the once "young genius" fell from grace overnight.

But the story seems far from over.

In early 2025, news suddenly spread on platform X that Liangxi had "earned nearly 100 million overnight through contract trading" and had paid off some debts, seemingly preparing for a "comeback." However, the truth of this matter is hard to discern; Liangxi himself has not responded, and everything about him remains shrouded in mystery.

Today, some see Liangxi as one of the few "hardcore role models" in the cryptocurrency world, while others view him as a thorough gambler. His story, from 1000 yuan of capital to billion-level assets, and then to huge debts and controversies, is like a compressed version of a cryptocurrency documentary—brutal, crazy, thrilling, and realistic.

No one knows where his life will lead, but there is no doubt that he is both an irreplicable legend in the cryptocurrency world and a living warning about "speculation, extremes, and costs."

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