The invention provides a cuttable flexible wire which is composed of liquid metal and an elastomer, wherein liquid metal particles are dispersed in the elastomer. The liquid metal material will not flow out after the flexible wire is cut, and can bear stretching, bending and other deformation. When the liquid metal material produces stretching, bending or other deformation, the resistance will not change. The invention further provides a device for large-scale preparation of the cuttable flexible wire, comprising a mixing device, a current detection device, a conductor pipe, a protective layer pipe, and a heating device. The cuttable flexible wire prepared using the device has stable performance and large tensile strain, can be recovered after stretching, and can be cut. The cuttable flexible wire has potential application value in the flexible electronic technology.