The Downfall of Andrew Tate on Hyperliquid

So, here’s the juicy scoop! Andrew Tate, the infamous internet personality, decided to throw a whopping $727,000 into Hyperliquid over the last year. Yep, you read that right—a whole boatload of cash! But, spoiler alert: he didn’t take a single penny out and ended up losing the entire stash thanks to a dizzying series of leveraged liquidations.

Marching Toward Zero

By November 18, his account was empty; not a single coin left! Even the $75,000 he made from telling his buddies to join the platform was tossed back into the ring, where it quickly went up in smoke just like the rest of his funds. This saga is like a crash course in how playing the leverage game without a parachute can turn a six-figure bankroll into a public disaster—especially when you’re airing your every little move on social media.

A Year of Recklessness

Andrew’s crypto journey on Hyperliquid started back on December 19, 2024, when he had his first big blooper moment. Multiple positions on BTC, ETH, SOL, LINK, and other cryptos got liquidated all at once. Talk about a bad hair day! Over the next eleven months, his approach was characterized by crazy leverage, little risk management, and this weird habit of doubling down on losing trades instead of cutting his losses. Classic Tate!

The Public Implosion

One of his most spectacular disasters happened on June 10. He flaunted a 25x leveraged long on ETH like it was the crown jewel of crypto, only to have it liquidated hours later. Oops! And guess what? The next day, Lookonchain showcased his trading fiasco, revealing a win rate of just 35.53% with roughly $583,000 lost in total. Not exactly a winning strategy, eh?

Liquidation Central

In September, things got worse when Tate liquidated a WLFI position for about $67,500. Instead of learning from his mistakes, he jumped right back in, hoping for a miracle. Spoiler: it didn’t happen. By November, his account balance looked like a deflating balloon, especially after losing $235,000 on a BTC long position just four days before hitting rock bottom.

The Grand Finale

November 18 at 7:15 PM EST marked the endgame. All of Tate’s BTC long positions liquidated when Bitcoin fell below $90,000. Arkham’s post-mortem revealed a painful truth: Tate put in $727,000, took out nothing, and ended up burning through every last cent, including that shiny $75,000 referral bonus he earned by roping in other traders.

The Lesson

This whole mess is a prime example of how high leverage and poor trading strategies can lead to dramatic losses. With leverage up to 50x, Hyperliquid is exciting—unless you’re like Tate, who had a win rate so low that he basically gave money away. The platform must’ve loved him: every trade, re-entry, and forced liquidation was a fee waiting to be collected.

In Conclusion

So, here’s a takeaway for all you budding traders: a 35% win rate can work if you manage your risk properly, but it can be deadly when combined with 25x leverage and a penchant for gambling on loss recovery. With everything laid bare on Hyperliquid’s transparent platform, Tate’s experience serves as both a cautionary tale and a reality show for anyone watching the crypto markets.

Meet the Authors

Gino Matos, a law school grad with six years’ experience in the crypto realm, specializes in the Brazilian blockchain scene. And then there’s Liam Wright, aka “Akiba,” who heads up CryptoSlate and believes in the power of decentralized technology to drive positive change.

Stay tuned for more amazing (and sometimes cringe-worthy) tales from the crypto world!