Trader Andrew Tate suffered a loss of $67,500 on WLFI but is not giving up

Famous influencer Andrew Tate continues to face difficulties in the cryptocurrency derivatives market. After significant losses on Kanye West’s YZY token, his account on the decentralized platform Hyperliquid took another hit: the WLFI position was liquidated with a loss of $67,500.

The incident occurred on Tuesday, when the World Liberty Financial (WLFI) token, associated with the Trump family, experienced turbulence after its first day of trading. Despite closing the position, Tate immediately opened a new long position on the same asset, according to blockchain analytics firm Lookonchain.

Cascade of losses amid crypto rate surges and drops

Tate’s situation illustrates the risky trading style involving leverage. His total losses on a single trading account are approaching $700,000. Just two weeks ago, he opened a short position with threefold leverage on YZY, which also ended in liquidation.

WLFI experiences a serious drop after listing

The launch of WLFI token trading on major exchanges on Monday was accompanied by volatility. The asset fell 36% from its peak of $0.331 to a low of $0.210. At the time of writing, the price recovered above $0.242, but the overall decline since listing exceeds 21%, according to CoinMarketCap data.

As of January 15, 2026, the token is trading at $0.17, down 7.67% over the past 24 hours.

Massive token unlocks pressure the price

The sharp decline is partly due to the unlocking of 24.6 billion WLFI tokens, which occurred on the listing day. This event added significant volume to circulation and potentially triggered mass sales. The total value of the Trump family’s assets in WLFI reached $5 billion, but most of these funds were initially locked for founders, including Donald Trump and his sons Barron, Eric, and Donald Jr.

Project responds with buyback and burn program

In response to the price crash, the World Liberty Financial platform proposed implementing a token buyback and burn mechanism. According to the new governance proposal, 100% of the fees from the protocol’s liquidity positions on Ethereum, BNB Chain, and Solana will be used to repurchase WLFI on the open market and subsequently remove it from circulation.

Such actions are typical for projects aiming to support the price by reducing circulating supply and stimulating demand. At the time of voting, most community members supported the initiative, but the specific amounts of generated fees are not disclosed, making it difficult to objectively assess the actual impact of buybacks on WLFI’s market dynamics.

Andrew Tate’s history in the derivatives market demonstrates the dangers of excessive leverage and lack of risk management when trading highly volatile assets.