June 17, 2026 ChainGPT

Andrew Tate Partially Liquidated on Hyperliquid After Risky 40x Bitcoin Bet

Andrew Tate Partially Liquidated on Hyperliquid After Risky 40x Bitcoin Bet
Andrew Tate was partially liquidated after opening a fresh, high‑risk Bitcoin long on Hyperliquid, blockchain tracker Lookonchain reported. What happened - Lookonchain flagged a 40x long of 57.36 BTC (about $3.76 million) opened by an address tied to Tate’s recent activity on Hyperliquid. - The position was partially liquidated, with the tracker first estimating a liquidation price of $65,215.87 and later updating it to $64,824.44. - Bitcoin traded in a volatile range that day — roughly $64,730 to an intraday high of $66,689 — leaving a very thin margin for error. With BTC hovering near $64,730, the trade was close to further liquidation risk. Why this matters - A 40x leverage amplifies returns but drastically reduces how much the price can move against you before liquidations kick in. In this case, a relatively small BTC dip was enough to force part of Tate’s position to be closed. - Lookonchain noted this isn’t new for Tate: the tracker says he had been liquidated 107 times previously before returning with this trade. Background on Tate’s crypto activity - Crypto reporters and on‑chain sleuths began following Tate’s Hyperliquid activity in 2025; an earlier report noted a roughly 35.53% win rate on the platform at that time. - Tate is also associated with the DADDY meme token, launched during the 2024 celebrity token wave as a challenger to Iggy Azalea’s MOTHER. DADDY drew scrutiny for concentrated holdings and potential insider behavior — analytics platform Bubblemaps flagged that insiders may have taken about 30% of the supply before marketing started. - DADDY has since fallen far from its peak. Crypto.news price data shows the token trading around $0.01159, down from its June 2024 all‑time high of $0.288644. Bottom line This partial liquidation didn’t wipe Tate out, but it highlights the tight margins and high volatility of trading large, leveraged crypto positions. Despite repeated liquidations, Tate remains an active participant in high‑leverage markets. Disclosure: This article is for informational and educational purposes only and does not constitute investment advice. Read more AI-generated news on: undefined/news