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I just heard a crazy story about Web3 that I have to share with you guys. Did you know, HongKongDoll - the internet famous girl - is actually a seasoned crypto player? Not only that, she also caused a storm in the NFT and futures markets.
In early 2022, when NFTs were still hot, HongKongDoll suddenly tweeted about buying a large amount of Azuki - a well-known blue-chip NFT project. The crypto community was buzzing at that time, and the price of Azuki skyrocketed from 3 ETH to 30 ETH by April. Everyone believed she made huge profits from it. But then, HongKongDoll revealed an even more notable move - she shorted ETH 50 times at $2,836. When ETH's price plummeted to nearly $1,000 in June, rumors started spreading that she made over $100 million from that trade.
However, the community quickly turned against her. HongKongDoll later explained that those trades were just to hedge her portfolio, not to make enormous profits as people thought. But what really shocked everyone was that in November of that year, she tweeted that her wallet was basically back to zero. At that moment, the entire crypto community united to console her, with many speculating that her wallet was hacked or her contracts liquidated. HongKongDoll herself said the situation was quite complicated.
But don’t worry too much about her. According to her, income from OnlyFans remains steady, and she even plans to restart some other projects. HongKongDoll’s story in the crypto world is truly a lesson in market volatility - from the heights of wealth to the shock of loss in just a few months.