Andrew Tate’s year-long trading spree on Hyperliquid ended with a total loss of $727,000, as revealed by Arkham Intelligence’s on-chain data.
Tate made no withdrawals during this period; even his $75,000 in referral earnings from bringing users to the exchange were ultimately traded and liquidated.
How the liquidation unfolded
Tate’s trading history on Hyperliquid, which began in late 2024, was marked by aggressive use of leverage and minimal risk management.
On December 19, 2024, his first cluster of forced liquidations hit major tokens including bitcoin, ethereum, and solana.
This pattern continued, with Tate frequently doubling down on losing trades at higher leverage instead of reducing exposure.
The June and November trading collapses
A highly publicized liquidation occurred in June when a 25x leveraged long position in ethereum was wiped out.
Lookonchain data showed Tate had a 35.53% win rate and over $580,000 in losses at that point.
By November, the losses accelerated: a 40x leveraged bitcoin long was liquidated for $235,000. On November 18, the last of Tate’s funds were lost, with Arkham confirming the $727,000 wipeout, including all referral earnings.
The mechanics of leveraged losses
High leverage amplified Tate’s losses: a 2.5% price move against a 40x position is enough to trigger liquidation. Tate’s sub-40% win rate, combined with repeated re-entries at high leverage, quickly eroded his bankroll.
The transparency of Hyperliquid’s on-chain settlement meant every trade and liquidation was publicly visible and tracked.
