Andrew Tate Loses $86,000 After Eight Bitcoin Liquidations on Hyperliquid
On‑chain trackers show repeated high‑leverage bets were automatically closed as bitcoin swung during a broad market selloff.
Overview
- Blockchain analytics accounts including Lookonchain and Arkham recorded that Tate was liquidated eight times over a 16‑hour span on June 17–18, 2026, reducing a roughly $100,000 USDC deposit to about $14,219.
- He opened a roughly $3.8 million bitcoin long using about 40x leverage that was wiped when bitcoin fell near $64,127, then flipped to an approximately $1 million short that was also liquidated after the price reversed.
- The losses happened alongside a larger market event in which exchanges forced more than $400 million of leveraged positions closed and nearly 100,000 trader accounts were liquidated.
- Hyperliquid automatically closes positions that cross margin thresholds, so extreme leverage amplifies small price moves into total losses and on‑chain transparency let analysts follow each liquidation in real time.
- The episode echoes Tate’s past pattern of repeated deposits and liquidation losses and highlights how high leverage can quickly erase retail funds and add to market volatility going forward.