The next Copy Leader at BitMEX is Liangxi (@liangxihuigui), which was announced at 09:16 UTC on September 30, 2025. Liangxi was a famous short-seller of Bitcoin, with 100x leverage, in 2021. He is said to have increased 155 by 6.2 million. This is a return on investment (ROI) of approximately 3,993,548% or approximately 39935x the capital.
Liangxi trades at huge frequency. He trades approximately 207 times each day; this amounts to approximately 75555 times per annum. This amounts to 8.6 trades per hour or 1 trade per every 7 minutes. In accordance with his gains as he was reported to have made, his profit per trade was approximately 82.07.
After opening the year at $28,993, Bitcoin hit its highest point of $69,000 on November 10, 2021. This coin dropped 33 percent to $46,211 mid December. The shorts in Liangxi in this volatility would have yielded gains of 3,300 percent in one cycle with a 100x leverage. He is known to have predicted occurrences such as the 519 crash that happened in May 2021 when BTC fell by more than 30 per cent in a single day.
Liangxi had 100x leverage, meaning that with a margin of 155, he was in the same position of controlling 15500 dollars. One percent fluctuation in Bitcoin would either multiply or eliminate his wealth. In fact he had to go through several leverage-trading cycles to attain a value of 6.2 million dollars. His winning percentage must have been way above the average among retail traders, who are typically liquidated within a very short time at that high leverage.
BitMEX is now able to reproduce the strategy of Liangxi. Traders have the options of either copying his trades, which is the COPY or reversing it, which is the Reverse COPY. Assuming that 1,000 users also make a contribution of 155, the total capital would be 155,000. Had they performed as well as Liangxi, with 2021 ROI, this would hypothetically scale to 619 million, but in the recent less volatile market this is probably not going to be replicated on such a scale.
It is reported that Liangxi at one point had to liquidate everything and debts worth tens of millions. With the help of crypto persons such as Sun Yuchen (Justin Sun) and Du Jun, he recovered, who provided him with support in the amount of $50,000. Subsequent donations of millions of dollars indicate he had even more success in the trading beyond the $6.2 million mark.
By September 29, 2025, Bitcoin was trading at $113,931.15. Daily ranges have now gone down to 1-2% which is small compared to the intraday changes of 10-30% of 2021. The 100x trading in high frequency of 2025 will be more risky and less payoff potential.
