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Andrew Tate reportedly loses about $86K after shorting Bitcoin



Online education entrepreneur Andrew Tate has reportedly suffered a sharp drawdown on Hyperliquid after a highly leveraged series of Bitcoin futures positions went wrong over the span of Wednesday into Thursday.


According to wallet-tracking data from HyperDash, a Hyperliquid account linked to Tate opened a large 57.36 BTC long near $66,000, then reversed into a sizable short as the market moved—only to continue realizing losses as the BTC/USD move played out.



Key takeaways



  • A Hyperliquid wallet reportedly associated with Andrew Tate fell from about $100,000 to roughly $14,000 within a day.

  • The account’s first reported move was a 57.36 BTC long valued at about $3.79 million, apparently backed by around $100,000 in USDC (implying roughly 40x leverage).

  • After the long unraveled, the same wallet opened a 14.33 BTC short near $64,817, which also ran into adverse price action and triggered short-liquidation fills.

  • By June 18, the account balance was reportedly about $14,000—meaning it largely wiped out the initial deposit.

  • HyperDash’s “all-time” view reportedly shows about $803,800 in perpetual futures losses for the account, extending a drawdown trend that started earlier in 2025.



From a 40x long to cascading realized losses


HyperDash data shows the wallet opened a 57.36 BTC long on Wednesday with an entry price near $66,000. The position size was roughly $3.79 million, while the margin backing was about $100,000 in USDC, indicating aggressive leverage in the neighborhood of 40x.


The trade began to unwind on Thursday as Bitcoin slid toward the mid-$64,000 area. By the time the long had fully run its course, the position recorded cumulative realized losses of about $68,600—an outcome that highlights how quickly a leveraged futures position can crystallize losses even when the underlying asset moves only a few percent.


As the account continued to respond to market changes, the strategy shifted again rather than standing aside: the wallet then moved from long exposure to short exposure.



Reversal into a short, followed by liquidation fills


After the long was dismantled, the wallet opened a 14.33 BTC short position valued at roughly $1 million at about $64,817, according to HyperDash.


That short was also pressured as Bitcoin rebounded. The account reportedly recorded multiple liquidation fills—five short liquidation fills are referenced in the tracking timeline—suggesting the market moved against the position faster than the margin cushion could absorb.


By June 18, the wallet balance was reported at around $14,000, implying that most of the original deposit had been lost during this short window of activity.



Why the speed of these losses matters for traders


This episode underscores a key feature of perpetual futures trading on leverage-heavy venues: outcomes can change dramatically over a small price range.


Here, the underlying asset’s movement between the low-$60,000s and mid-$60,000s translated into large notional exposure and rapid margin erosion. The wallet’s reported path—long liquidation, immediate reversal into a short, and further liquidation fills—illustrates how repeated leverage application can compound drawdowns instead of offsetting them.


For investors and traders watching on-chain/perps activity, the lesson is less about the direction of BTC and more about the mechanics of sizing and leverage: when margin is small relative to exposure, liquidation becomes a practical certainty rather than a remote tail risk.



A longer drawdown pattern on Hyperliquid


The June liquidation streak did not appear in isolation. The reported Hyperliquid issues tied to Tate stretch back further.


Earlier coverage and HyperDash-linked reporting cited a 40x BTC long position that was liquidated for about $235,000 on Nov. 14, 2025. That same reporting notes that by Nov. 18, additional longs entered around $90,000–$95,000 were wiped out, leaving the account reportedly close to zero.


In addition, another episode referenced that Tate lost roughly $67,500 on World Liberty Financial (WLFI) positions in September 2025, around the time a token unlock event triggered a sharp drop. The same source pattern indicates he re-entered the trade almost immediately and lost again.


As of Friday, HyperDash’s performance tab for the account reportedly showed perpetual futures losses of about $803,800. The article attributes this drawdown to a period that began in early 2025 and deepened after the latest June liquidation activity.



Going forward, readers should watch whether the account changes its risk profile—specifically, whether position sizes and implied leverage decline after the near-total wipeout—or whether the pattern of rapid reversals continues during periods of heightened BTC volatility.



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