2025.2.3
The streets, woven with fine rain, are empty, with scattered umbrellas slowly drifting in the gray mist. The phone screen lights up with a notification saying "Ethereum plummets 32% in a single day," and the glaring three-digit account balance flickers in the cold light. The rain streaks on the window bizarrely overlap with the account curve, blurring the boundaries between reality and the virtual world.
Fingers hover above the liquidation notification, a rusty taste rising in the throat. From a small town in northwestern Hubei to Mount Luojia and then to Taiping Mountain, the life blocks built over twenty-seven years have suddenly collapsed in the wave of digital currency.
The scene of resolutely resigning twelve months ago is still vivid. The excitement when 200,000 savings turned into USDT flooding into exchanges now feels like a rusty fishhook piercing through memories. Those days and nights spent with candlestick charts, staring at the red market at three in the morning, sharing alpha with "comrades" in Discord channels have all become footnotes of dark humor.
From the beginning of the year to the end, the account numbers magically inflated to seven figures. The greedy snowball faced a fatal meltdown in December—misjudging the timing of the altcoin season, I went all in on BOME. In the death spiral from 0.008 to 0.003, 3x leverage turned into a guillotine. The most absurd part is that I even convinced my parents to invest their retirement money into the same abyss.
The dining table at the year's end has become a place of execution. Relatives' taunts of "studying is useless" and my parents' forced smiles alternately torture my nerves. The exchange app feels like Pandora's box, opening a new hell every day. Those white papers that once made my blood boil now seem to mock me with every letter.
The neon lights in the rain blur into a bloody hue on the window. I can't help but ask: when a new coin is halved upon launch, and after a fivefold drop can still drop another fourfold, who exactly is the winner in this battlefield? Behind those wealth myths, are there untold stories of liquidation hidden?
from - @哪吒 Sigma Hunter
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