When the Bitcoin market fell sharply in 2020, he once used leverage to make short trades and briefly accumulated his wealth to $40 million. However, at the age of 22, he unfortunately lost all his wealth in the following period and even had huge debts. There were even rumors that he tried to commit suicide, probably by preventing pesticides. There has never been a shortage of successful stories in the cryptocurrency circle, but after tasting the sweet taste of victory, the reversal of falling from heaven to hell overnight is also common.
He was once a star in the Bitcoin world, but eventually fell into a bottomless abyss. On May 19, 2020, the price of Bitcoin fell sharply from $43,878, a drop of more than 30%. Liang Xi, who was only 19 years old, used a high-leverage short-selling wealth strategy to accumulate $40 million at one time, supporting the contract war god. However, in the second half of 2021, Bitcoin experienced a sharp rise again, but this time, Liang Xi misjudged the market direction, which eventually led to the painful lesson of a warehouse explosion.
In 2022, Liang Xi borrowed money from experts in the field of cryptocurrency. In October, Justin Sun and Huobi founder Du Jun separately announced that they would unconditionally provide Liang Xi with $50,000 in trading funds to support him in contracting on Huobi Live. Although this attracted a lot of attention and enthusiasm, Liang Xi's assets returned to zero soon after. In 2023, a series of shocking events broke out in Liang Xi. First, he exposed the inappropriate activities of Chinese currency trader Fu Lu Shou in the black market, and had a serious closure with some trader friends in the community. At the same time, there were rumors that he had cheated his daughter of her money. Most worryingly, Liang Xi was exposed to have been admitted to a mental hospital and suspected of having symptoms of paranoia. Behind this series of events may be the influence of lack of family warmth.
It is understood that Liang Xi's real name is Geng Zhiyu. He was born in 2002 and grew up in a single-parent family. He was a young swimmer in Jinan City and achieved excellent results in the competition. However, he was later sent to an Internet addiction treatment school because of his excessive addiction to video games. In 2022, it was rumored that he was sent to a mental hospital by his father because he suffered from schizophrenia (formerly known as schizophrenia). In addition, Liang Xi was detained by the Jinan police for participating in improper behaviors such as fighting and gambling.
The relationship between him and his father was very tense. Rumor has it that Liang Xi deposited a sum of money into his father's account because he had made millions of yuan in profits. But when he lost money and wanted to get the money back, his father ignored him. The two sides often cursed and even had violent conflicts, which earned him the title of filial son in the cryptocurrency circle. After losing all his wealth, he turned to Internet celebrity
Despite the heavy losses caused by his wrong investments during the bull market of 2021, Liang Xi's social media accounts have quickly accumulated a large number of followers in China. This phenomenon is to strengthen his outspoken words, fascinating storylines and entertaining content, which made him a fast-growing celebrity in the Chinese crypto community.