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Andrew Tate Liquidated Eight Times on Hyperliquid in 24 Hours
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Blockchain analytics firm Arkham Intelligence reported that Andrew Tate was liquidated eight times on Hyperliquid within 24 hours after placing highly leveraged Bitcoin trades. Tate opened a $3.8 million Bitcoin long position with 40x leverage and later a $1 million short position as Bitcoin fell from $66,000 to $62,500. The repeated liquidations reduced his account balance to about $14,000, representing an $86,000 loss from his deposit. The losses matter because they highlight the risks of high-leverage trading and the transparency of on-chain platforms. Tate has reportedly lost nearly $800,000 on Hyperliquid since November, and traders are closely watching whether he continues using the platform.
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