Andrew Tate just woke up & fumbled the bag again. The four-times Kickboxing World Champion initially put up around $95K in collateralized margin to lock in a position with 57.36 Bitcoins (BTC), worth beyond $3.7 million in notional value.
Sponsored
Entering at a Bitcoin’s price of $66,045, the 40x leverage has put the potential liquidation in a super-tight range: just 1.25% downside on Bitcoin’s (BTC) price would trigger a full-scale liquidation. What followed next was a price slump causing several partial liquidations.
Tate’s Brave Bitcoin Play Gets Trimmed, Then Wiped
With the position being trimmed to 29 Bitcoins, Andrew Tate tried to extend the liquidation price by depositing $72 in margin, but that didn’t help for long. In a matter of a few hours, the Top G incurred a mouth-dropping deficit of $95,478. That includes wiped margin, fees & the little top-up.
This has marked Andrew Tate’s 108th liquidation on Perpetuals overall. The celebrity high-roller has just 14,219.17$ left on his crypto wallet balance, according to HypurrScan. This time, the BTC liquidation was triggered at $65,216, even though the leading crypto asset dipped below to $64,880 before a soft bounce.
Andrew Tate: Raw Bull Energy Or a Cautionary Tale?
The main takeaway for crypto aficionados using leverage trading is crystal clear: extra sensitive, double-digit levels of it can cause immediate liquidations, regardless of a bounce back following. Given that the American-British entrepreneur would have used a more conservative leverage up to 5x, likely this BTC price play would still be in the game.
As for high leveraged plays like Andrew Tate’s recent one, all traders must take heed of the risks involved: a 2% adverse move to the opposite side of the leveraged Bitcoin play can totally wipe out the position.
High leveraged plays like these have almost no room for error, therefore emotional leverage trading is one of the vices that keep celebrity traders coming back for more.
Stay in the loop with DailyCoin’s popular crypto scoops:
Kentucky Sues Polymarket and Kalshi, Challenging Trump-Era Crypto Policy
Binance Faces Growing Risk of EU Shutout Under MiCA Rules
People Also Ask:
In the last 24 hours, Andrew Tate deposited $100,000 into Hyperliquid (a crypto trading platform) and went very aggressive on Bitcoin. He opened large long positions, then got absolutely wrecked.
He got liquidated 8 times in one day. His account went from $100,000 all the way down to just $14,000. That means he lost over 85% of his money very quickly when the market turned the wrong way.
He used very high leverage (ultra-high-risk plays). When the price moved against him — even a little — the platform automatically closed his positions to prevent further losses. This is called getting “liquidated.”
This kind of leverage is extremely dangerous, especially on volatile coins during a market dip. Even experienced or confident traders can lose money fast if the market moves not as expected.
