8 Liquidations, $86K Gone: Andrew Tate’s Brutal Bitcoin Day
Andrew Tate loses most of the $100K Hyperliquid deposit after 8 Bitcoin liquidations, leaving about $14K in the account. Andrew Tate was liquidated eight times in 24 hours after opening leveraged Bitcoin. . .
Andrew Tate loses most of the $100K Hyperliquid deposit after 8 Bitcoin liquidations, leaving about $14K in the account. Andrew Tate was liquidated eight times in 24 hours after opening leveraged Bitcoin futures trades on Hyperliquid. The account activity was reported by Lookonchain, which tracked the positions and remaining balance. He reportedly deposited about $100,000 in USDC before entering a large Bitcoin long position. The account later showed about $14,219 after repeated liquidations. The trading sequence included a $3. 8 million Bitcoin long, followed by aBitcoin short position. Both trades were closed after price moves went against the positions. The losses came as Bitcoin traded near $64,127, while market sentiment remained fragile. Traders continued watching ETF flows, exchange demand, and liquidity across the market. Tate’s Bitcoin Long Trade Gets LiquidatedAccording to Lookonchain, Tate opened a Bitcoin wallet worth about $3. 8 million on Hyperliquid. The trade used 40x leverage, which raised the risk of liquidation during small price moves. The position reportedly represented about 57 BTC in exposure. Bitcoin then moved lower, causing the exchange to close the trade automatically. ANDREW TATE: LIQUIDATED 8 TIMES IN 24 HOURSAndrew Tate deposited $100K to his Hyperliquid account yesterday, and longed $3. 8M of BTC. He got liquidated. Then he tried shorting $1M BTC. He got liquidated again. Andrew Tate has been liquidated 8 times in the last 24 hours, and…pic. twitter. com/B1Anxsywud— Arkham (@arkham)June 18, 2026Leverage allows traders to control larger positions with smaller collateral. However, it also reduces the margin for error when markets move quickly. In this case, the long position failed before Tate moved to a short trade. That shift placed the account on the opposite side of Bitcoin’s next move. Short Position Also Fails After Market ReversalAfter thelong liquidation, Tate reportedly opened a Bitcoin short position worth about $1 million. The short trade expected Bitcoin to fall further after the earlier decline. However, Bitcoin reversed direction, and the position was also liquidated. Lookonchain reported the largest single liquidation at about 11. 47 BTC in notional exposure. The eight liquidations happened within a 24-hour period, according to the tracker. They were linked to BTC-USD contracts on the Hyperliquid platform. The rapid losses reduced the account balance to about $14,219. That marked a sharp drop from the reported $100,000 USDC deposit made earlier. Read Also:BTC Faces BOJ Rate Hike Risk and Record Bond YieldsBitcoin Weakness Adds Pressure to Leveraged TradesTate’s losses occurred while Bitcoin remained under pressure near $64,127. The market has struggled to find firm direction after recent selling. CCN analystsnoted that spot Bitcoin ETF outflows had eased in recent weeks. They also pointed to a recovery in the Coinbase premium, which tracks U. S. demand. Still, Wintermute warned that better sentiment does not mean a full recovery has arrived. The firm said Bitcoin could face more downside if pressure returns. Forcryptotraders, the episode shows the danger ofhigh leverage. Fast position changes can increase losses when Bitcoin moves sharply in both directions.