Andrew Tate liquidated 8 times in BTC trades losing $86,000
Social media personality Andrew Tate saw a rapid series of financial losses after being liquidated eight times in leveraged BTC trades within just 16 hours between June 17 and 18, 2026. According to on-chain analytics from Lookonchain, Tate began with nearly 100,000 USDC but was left with only $14,219 in his trading account after this streak.
Trading streak reversed quickly
Data shows that Tate first deposited roughly 100,000 USDC into his Hyperliquid account before opening a major BTC long position. Hyperliquid is recognized as an on-chain perpetual futures trading platform. Soon after, a swift price move triggered by high leverage forced the position to close automatically.
Glossary: Liquidation occurs when the collateral in a leveraged position becomes insufficient due to price movement, leading the exchange to automatically close the position. Using 40x leverage means a trader can open a position worth forty times their own capital.
The size of Tateโs initial long reached approximately $3.8 million, with 40x leverage applied. As the BTC price dropped from around $66,400 to $64,127, the position was liquidated once it fell below the liquidation threshold of $65,216.
After the first loss, Tate reversed his bet, opening a short position worth close to $1 million. Shorts profit when prices fall, but BTC moved up this time, causing a second liquidation. Data also indicates his largest single loss from these trades reached a nominal value of about 11.47 BTC.
| Item | Data |
|---|---|
| Initial margin | Approx. 100,000 USDC |
| Remaining balance | $14,219 |
| Long position size | Approx. $3.8 million |
| Leverage | 40x |
| Liquidation level | $65,216 |
Market sell-off impacted many traders
Tateโs losses mirrored a broader sell-off across the crypto markets. According to reports, policy signals from the US Federal Reserve in June triggered risk-off moves and heightened volatility in digital assets.
During the same 24-hour window, nearly 100,000 traders across multiple exchanges faced forced liquidations. These liquidations totaled over $400 million, with almost $280 million attributed to long positions. The single largest liquidation in this period occurred on Binance, with a $5 million BTC long wiped out.
Tateโs previous losses in spotlight
This latest episode adds to Tateโs history of losses with leveraged crypto trading. The report notes he has deposited a combined $727,000 into Hyperliquid over the past year and has not withdrawn any significant funds from the platform.
By the end of 2025, this account was already depleted following a series of consecutive liquidationsโJune 2026โs events echoed that scenario, according to sources. Lookonchain stated that all movements and balances in the account are confirmed through on-chain data.
Crypto market maker Wintermute warned that brief upswings in market sentiment may not translate into lasting BTC recovery. The firm noted that renewed selling pressure could trigger further downward moves in BTCโs price.
The post Andrew Tate liquidated 8 times in BTC trades losing $86,000 appeared first on COINTURK NEWS.
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