Andrew Tate Loses $86,000 on Leveraged Bitcoin Trades

A wallet linked to Andrew Tate lost nearly $86,000 after opening both a large long and a short Bitcoin position, reducing a Hyperliquid account balance from about $100,000 to roughly $14,000 between Wednesday and Thursday, records indicate.

On Wednesday the wallet opened a 57.36 BTC long with an entry price near $66,000, creating a notional position of about $3.79 million. The trade was backed by roughly $100,000 in USDC, implying around 40x leverage. As Bitcoin moved toward the mid-$64,000 range on Thursday, the long began to unwind and recorded about $68,600 in realized losses.

The account then opened a 14.33 BTC short at approximately $64,817, a position valued near $1 million. Bitcoin rebounded and the short was hit, producing five liquidation fills. The long liquidation and the subsequent short liquidations together reduced the account balance to about $14,000 by June 18.

Trading and on-chain records show the June losses extend a larger drawdown on the same Hyperliquid account. Perpetual futures losses on the account total roughly $803,800 going back to early 2025. In November 2025 a 40x long was liquidated for about $235,000 on Nov. 14, and several long positions near $90,000–$95,000 were wiped out by Nov. 18, leaving the account close to zero. In September 2025 the account lost about $67,500 on World Liberty Financial token positions ahead of a token unlock; the position was re-entered and lost again.

High leverage increased exposure relative to collateral; when price moved a few percentage points, available margin was insufficient and liquidation events consumed deposited funds. The activity is recorded in the platform’s trade history and in on-chain transfers.