Market watchers are labeling Andrew Tate as one of the worst merchants in crypto after he was utterly liquidated on Hyperliquid, shedding over $800,000.
He joins a rising listing of high-profile merchants who’ve seen their fortunes evaporate on the platform. Tate’s repeated liquidations underscore the cruel actuality of using excessive leverage.
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Andrew Tate’s Crypto Buying and selling Ends in Whole Liquidation on Hyperliquid
Arkham’s blockchain evaluation uncovered the extent of Tate’s buying and selling losses. The previous kickboxer deposited $727,000 into Hyperliquid, a decentralized perpetual exchange.
All his funds remained on the alternate, locked into shedding trades till they have been absolutely liquidated.
Tate tried to recuperate by buying and selling with referral revenue. He obtained $75,000 from customers becoming a member of via his referral hyperlink. As a substitute of withdrawing these rewards, he used them in additional trades. All $75,000 disappeared via the same cycle of liquidations.
“Andrew Tate is now absolutely liquidated on Hyperliquid. He has solely $984 left. Some folks thought he had been liquidated many instances earlier than. However he earned the cash via referrals and traded that cash on HL time and again,” analyst Param added.
Sample of Failed Trades
Tate’s buying and selling historical past is sort of risky. In June 2025, he lost $597,000 on Hyperliquid. Issues didn’t enhance afterward. Analyst StarPlatinum highlighted that in September, Tate opened an extended place on the World Liberty Financial (WLFI) token. Nevertheless, this resulted in a loss of $67,500. He opened a brand new place minutes later and was hit with one other loss.
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His streak continued into this month. On November 14, he was liquidated once more — this time whereas holding a BTC lengthy at 40× leverage. The wipeout price him $235,000.
August introduced his solely second of success. A small short on YZY that earned him $16,000. Even that temporary victory disappeared, worn out by a recent shedding commerce.
Total, Tate has executed greater than 80 trades with a win charge of simply 35.5%. His cumulative loss stands at $699,000 in only some months, reflecting a sample of aggressive risk-taking and constantly poor timing.
Crypto analysts have called him “one of the worst merchants in crypto” on account of his shedding streak.
“Based mostly on this buying and selling document, Andrew Tate could be one of the worst merchants in crypto. And folks nonetheless pay him for recommendation,” a market watcher wrote.
Tate isn’t the one one taking heavy losses from leveraged buying and selling. Different well-known merchants have gone via comparable conditions. James Wynn, for instance, lost more than $23 million on Hyperliquid. His account fell from thousands and thousands to solely $6,010.
In July, Qwatio took a $25.8 million hit after a market rally liquidated his brief positions, wiping out the good points he had made earlier. Another whale, known as 0xa523, had a good rougher time. He misplaced $43.4 million on Hyperliquid in a single month.
The experiences of Tate, Wynn, Qwatio, and 0xa523 spotlight the inherent dangers related to buying and selling with excessive leverage on decentralized perpetual exchanges. Whereas some merchants have achieved important good points on these platforms, the speedy liquidations seen in these circumstances reveal how rapidly positions can transfer in opposition to customers.
Their outcomes function a reminder that leverage can amplify each earnings and losses, and that even well-known market contributors will not be proof against the volatility of crypto derivatives.
