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Andrew Tate Called “One of the Worst Traders in Crypto” After Losing Over $800,000

BeInCrypto
Andrew Tate was fully liquidated on Hyperliquid, losing over $800,000 across multiple leveraged trades.

Summary

Andrew Tate has been labeled one of the worst traders in crypto after blockchain analysis revealed he was completely liquidated on the decentralized perpetual exchange Hyperliquid, losing over $800,000. Tate initially deposited $727,000, which was entirely lost through leveraged trades. He also traded and subsequently lost $75,000 earned through referral income rather than withdrawing it. Tate's trading history shows a pattern of aggressive risk-taking, including a $597,000 loss in June and a $235,000 loss in November on a BTC long with 40x leverage. Across more than 80 trades, his win rate was only 35.5%, leading analysts to criticize his poor timing and risk management. His losses mirror those of other high-profile traders on the platform, such as James Wynn and Qwatio, highlighting the severe risks of high-leverage trading.

(Source:BeInCrypto)