Andrew Tate's status: how $800 000 disappeared on the decentralized exchange

Andrew Tate faced a systemic crash on the Hyperliquid platform, where his account balance shrank from seven hundred thousand to nearly zero. Crypto analysts classified the incident as a classic example of unsuccessful margin trading with extreme leverage.

From deposit to full liquidation

Blockchain trackers of the Arkham platform recorded Tate’s initial deposit of $727,000 on the decentralized trading platform Hyperliquid. All accumulated funds remained locked in losing positions until they were fully forcibly closed.

An attempt to recover through referral income proved even more instructive. The former kickboxer received $75,000 from users who registered via his referral link, but instead of withdrawing these funds, he immediately reinvested them into new trading operations. The result was identical — these $75,000 also disappeared during the next liquidation cycle.

By the time Tate’s account was fully zeroed out, there was less than a thousand dollars left — exactly $984. Well-known analyst Param commented on the situation: the community long believed that Tate was simply losing money, but in reality, he was receiving compensation from referrals and repeatedly reinvesting these amounts into trading.

Chronology of losing operations: wins and losses

Tate’s trading history is characterized by sharp volatility and poor timing of entry points. In June of this year, analysts recorded a loss of $597,000 on the same platform. Subsequent months showed no improvement.

In September, Tate opened a long position on the World Liberty Financial (WLFI) token, resulting in a loss of $67,500. A few minutes later, he initiated another trade, which also closed in the negative.

The most significant defeat occurred on November 14: a Bitcoin position with 40x leverage led to a loss of $235,000 due to forced liquidation. The only success was a short position on the YZY asset in August, which yielded a profit of $16,000, but this local success was completely offset by a subsequent losing operation.

Over several months of trading, more than 80 trades were made with a win rate of only 35.5%. The total loss amounted to $699,000, indicating an aggressive risk strategy and a systematic misunderstanding of market dynamics. The crypto trading community has unofficially labeled him as one of the worst market participants due to his trading track record.

Overall trend: when high leverage becomes dangerous

Andrew Tate’s situation is not an exception but part of a broader picture. Other well-known traders have suffered even more catastrophic losses on decentralized exchanges.

James Winn lost over $23 million on Hyperliquid, after which his account dropped from a multi-million dollar value to $6,010. In July, trader Qwatio lost $25.8 million when a market rally liquidated his short positions. Kit, under the nickname 0xa523, experienced an even harsher situation — losses of $43.4 million in just one month.

All these cases confirm one principle: leverage on decentralized platforms acts as if doubled in power. It not only increases potential profits but can also lead to the instant loss of the entire deposit if the market moves unfavorably. Even experienced market participants and large players are not protected from fluctuations of financial instruments and cryptocurrency volatility.