The Crypto Mystery: How HongKongDoll Became a Web3 Legend

When you think of HongKongDoll, you might have certain preconceived notions. But here’s the twist—this internet celebrity isn’t just famous for one thing. She’s actually a battle-tested cryptocurrency trader who’s been quietly making waves in the Web3 space since early 2022. The story of HongKongDoll’s journey from casual observer to crypto whale is equal parts impressive and dramatic, complete with massive profits, legendary trades, and a wallet-draining plot twist that had the entire crypto community in uproar.

HongKongDoll Emerges: The Unexpected Crypto Player

Nobody saw it coming. In January 2022, when the NFT market was reaching unprecedented heights, HongKongDoll posted about acquiring a significant position in Azuki, one of the most coveted blue-chip NFT projects at the time. The post immediately went viral on the X platform (formerly Twitter), with the community buzzing about her involvement. Her initial investment was substantial—reports indicated she’d spent approximately $400,000 acquiring Azuki NFTs, a move that raised eyebrows about her confidence in the project’s trajectory.

As it turned out, HongKongDoll’s timing was impeccable. Azuki’s popularity skyrocketed throughout early 2022. What started at a launch price of 3 ETH (roughly $9,000 at the time) had climbed to nearly 30 ETH by April—a staggering 10-fold surge in just a few months. HongKongDoll herself posted about how the massive Azuki gains had more than compensated for her previous trading losses. It became clear to the crypto community that they were dealing with someone who understood the market far better than casual speculators.

The Legendary ETH Short: When HongKongDoll Predicted the Collapse

If Azuki was HongKongDoll’s entry point into crypto fame, her next move would cement her status as a seasoned trader. In May 2022, just as the broader market began showing signs of distress following the LUNA crash, HongKongDoll posted about opening a 50x short position on Ethereum at $2,836 per token. The move was bold—arguably reckless in the eyes of most traders. But HongKongDoll seemed convinced that ETH was heading lower.

She was right. By June 17, 2022, Ethereum had collapsed toward $1,000, approaching levels not seen since the 2020 bear market. For HongKongDoll’s 50x short position, this meant astronomical gains. The crypto community exploded with speculation. Some claimed she’d made over $100 million from this single trade. Others whispered that she’d achieved “financial freedom” and might retire from public life entirely.

The rumors got so out of hand that HongKongDoll herself felt compelled to respond. She clarified that while the trade was indeed profitable, the actual situation was less dramatic than the internet suggested. The short had primarily been used to hedge her existing spot holdings—a risk management move rather than an all-in bet. She also asked the community to dial back the speculation and mentioned she was taking time off to rest.

HongKongDoll Keeps the Spotlight

Despite stepping back for a breather, HongKongDoll remained visible in crypto conversations throughout the subsequent months and years. Whether it was the Bank of America collapse discussions, the emergence of BRC-20 tokens, or the social media boom around Friend.Tech, HongKongDoll continued to pop up in major conversations, sharing insights and participating in the community discourse.

Meanwhile, her other work continued to attract attention from her fanbase. The dual identity—part internet celebrity, part crypto analyst—had become her defining characteristic.

The November Shock: Wallet Gets Depleted

Everything changed on a November evening when HongKongDoll dropped a bombshell: her cryptocurrency wallet had been essentially wiped to zero. She didn’t immediately explain the circumstances. The crypto community went into detective mode, throwing out theories. Some suggested liquidation on leveraged positions. Others speculated about relationship drama or a hacking incident. A few even wondered if it was all part of an elaborate joke.

HongKongDoll herself remained cryptic, only hinting in a Friend.Tech group chat that “the real situation is a bit complicated.” The entire cryptocurrency community rallied to offer support and condolences, treating the incident as a minor tragedy in the digital asset space.

Life Goes On: The Comeback Story Begins

But before panic could fully set in, HongKongDoll offered reassurance. Her OnlyFans income stream, she explained, provided a reliable source of funds—essentially a “perpetual motion machine” that would keep her financially stable. Not only that, but she initiated a poll asking the community whether she should restart operations on an adult-focused platform (known by a name starting with ‘P’). Given the overwhelmingly positive response and the platform’s massive reach—reportedly handling 191 million visitors from the Chinese market alone at its peak—HongKongDoll signaled that a comeback was very possible.

The saga of HongKongDoll illustrates a broader trend in crypto: the space has become so mainstream that unexpected figures from all walks of life are now active traders and investors. Whether she makes her grand return or fades into history, her story will remain a fascinating footnote in the crypto community’s wildly entertaining timeline.

ETH1,16%
LUNA1,3%
FRIEND0,42%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)