Andrew Tate loses $95,478 after 8 liquidations on Hyperliquid

Andrew Tate lost about $95,478 on a leveraged Bitcoin long position after being liquidated eight times on Hyperliquid within 24 hours, according to Arkham Intelligence data.

The self-proclaimed "Top G" opened a 40x leveraged long covering 57.36 Bitcoin with a notional value of roughly $3.79 million on June 17, Lookonchain data shows. As Bitcoin declined, the exchange auto-closed portions of the position across eight separate liquidation events. Tate added $72.11 in margin in a failed attempt to keep the trade open before eventually closing the remaining position at a loss.

He then reversed direction entirely, opening a 40x leveraged short of 14.33 Bitcoin valued at about $934,000. That position was also liquidated, with the largest single event showing -11.47 BTC notional — representing $748,000 in exposure at $65,208, per Lookonchain.

The latest losses leave roughly $14,219 in the Hyperliquid account tracked by blockchain analytics platforms, down from the roughly $100,000 in USDC Tate initially deposited. The influencer has now been liquidated 107 times on the platform, with cumulative losses approaching $800,000 since November, according to Lookonchain.

Tate's latest leveraged long carried a liquidation price of $65,216, while Bitcoin recently traded at $64,127 — below that threshold. The market weakness comes ahead of the first interest rate decision under Federal Reserve Chair Kevin Warsh, with markets pricing in a pause at 3.50 percent to 3.75 percent. Trading firm Wintermute described the decision as the key near-term driver for crypto, noting that a hawkish read on inflation could pressure risk assets further.

Bitcoin's decline has persisted despite signs of institutional accumulation. Spot Bitcoin ETF outflows have eased in recent weeks, and the Coinbase premium — a gauge of U.S. institutional demand — has recovered from previously negative levels, CCN analysts noted. Wintermute cautioned that improving sentiment should not be mistaken for a full recovery.

This article is for informational purposes only and does not constitute investment advice.