Andrew Tate loses everything on Hyperliquid: Inside his leveraged crypto liquidation meltdown

Andrew Tate lost his entire $727,000 deposited on the Hyperliquid crypto trading platform over the past year, with no withdrawals taken. On-chain data from Arkham revealed that even approximately $75,000 earned from referral commissions was traded back into leveraged positions and subsequently liquidated. Tate's trading pattern involved high leverage (up to 40x) on directional bets, minimal risk management, and a tendency to re-enter losing trades at higher multiples. A notable public failure occurred on June 10 with a 25x leveraged ETH long. His win rate was documented at only 35.53%, meaning he needed large winners to offset frequent losses, which did not happen. The final wipeout occurred on November 18 when his last BTC long positions liquidated near $90,000. The transparency of Hyperliquid's on-chain settlement made every trade and liquidation public, turning his account into a spectacle. The article concludes that while Tate's strategy was flawed, the platform functioned as designed, extracting capital from overconfident traders through fees and liquidations.

(Source：CryptoSlate)