20-year-old Liangxi posted a screenshot of his account on Twitter: on February 25, he shorted Ethereum and made 1.1 million USDT in half an hour. He won the Hebei championship in Honor of Kings at 15, and at 18 he used 100x leverage to trade Bitcoin, turning 2000 yuan into 40 million in a month, earning the title of 'Contract Battle God' in the crypto circle.
Zohar from Fuzhou, Fujian entered the market earlier. He lost all his 3000 yuan pocket money buying Bitcoin in his senior year of high school, and after dropping out of university, he invested in NFTs, with daily earnings multiplying by dozens of times. He is currently a dropout from the Chinese University of Hong Kong, holding titles as a 'co-founder of a certain art DAO' and 'Web3 investor.'
This group of people has one thing in common - they originally had money at home. Meepo, a post-00s miner from Meizhou, Guangdong, mined Bitcoin using an old computer provided by his family in middle school, and later, his parents directly bought him a professional mining machine. Xiao Yu from Loudi, Hunan, invested his 10,000 yuan scholarship entirely into Trump coins, losing it all in half an hour, but he said, 'My family still has two sets of relocation houses.'
Their way of playing with cryptocurrency is quite wild. Zhang Qiang, a post-00s trader from Ganzhou, Jiangxi, focuses on 'celebrity coins'. When Trump was elected, he bought Trump coins with 10 times leverage, resulting in a price drop from $83 to $37, instantly vaporizing 7200 yuan. He said, 'Just consider it tuition; my dad's factory profit is enough for me to play ten times.'
A lawyer from the cryptocurrency circle has recently mentioned another name: Yang Qichao. This post-00s college student issued BFF coins in 2022, withdrawing liquidity in 24 seconds, resulting in a loss of 50,000 USDT for investors. In February this year, a court in Henan sentenced him to four and a half years in prison, becoming the first case in the country to be criminalized for withdrawing liquidity.
These young people all hold thousands of Bitcoins. Based on the current market, each person's wealth is at least 230 million yuan. Liang Xi recently predicted that Ethereum will drop below 1000 dollars, and his Twitter comment section is filled with followers. Someone commented, 'After following this order, I can also go back home and build a villa.'$BTC
