Andrew Tate’s year-long buying and selling spree on Hyperliquid ended with a complete lack of $727,000, as revealed by Arkham Intelligence’s on-chain information.
Tate made no withdrawals throughout this era; even his $75,000 in referral earnings from bringing customers to the change had been in the end traded and liquidated.
How the liquidation unfolded
Tate’s buying and selling historical past on Hyperliquid, which started in late 2024, was marked by aggressive use of leverage and minimal danger administration.
On December 19, 2024, his first cluster of pressured liquidations hit main tokens together with bitcoin, ethereum, and solana.
This sample continued, with Tate incessantly doubling down on dropping trades at increased leverage as an alternative of decreasing publicity.
The June and November buying and selling collapses
A extremely publicized liquidation occurred in June when a 25x leveraged lengthy place in ethereum was worn out.
Lookonchain information confirmed Tate had a 35.53% win charge and over $580,000 in losses at that time.
By November, the losses accelerated: a 40x leveraged bitcoin lengthy was liquidated for $235,000. On November 18, the final of Tate’s funds had been misplaced, with Arkham confirming the $727,000 wipeout, together with all referral earnings.
The mechanics of leveraged losses
Excessive leverage amplified Tate’s losses: a 2.5% worth transfer towards a 40x place is sufficient to set off liquidation. Tate’s sub-40% win charge, mixed with repeated re-entries at excessive leverage, rapidly eroded his bankroll.
The transparency of Hyperliquid’s on-chain settlement meant each commerce and liquidation was publicly seen and tracked.