Hyperliquid Liquidates Andrew Tate Eight Times in 24 Hours

Published by James Harris on June 18, 2026June 18, 2026

Andrew Tate lost roughly $95,478 on a leveraged Bitcoin long on Hyperliquid on June 17, 2026, was liquidated eight times within a single 24-hour window, and immediately opened a 40x Bitcoin short worth approximately $934,000 in the same session. His total liquidation count on the platform now sits at 107, according to Lookonchain, with cumulative losses near $800,000.

The trade itself is not complicated: Tate entered a 40x leveraged long on 57.36 Bitcoin, a position with a face value of around $3.79 million, ahead of the Federal Reserve’s rate decision. The Fed held rates unchanged, Bitcoin dropped, and the position collapsed. He added $72.11 in margin during the drawdown, which illustrates how retail-style intuition, throwing a small amount at a losing position to avoid liquidation, collides badly with the mechanics of high-leverage derivatives. Hyperliquid is a decentralized perpetuals platform, meaning there is no customer support call, no circuit breaker, and no one to negotiate with when the margin runs out. The 40x short he opened immediately after suggests he is either trying to recoup losses by betting on continued downside or has no coherent risk framework at all. At this leverage ratio, a 2.5% move in the wrong direction wipes the position entirely.

One hundred and seven liquidations is not a losing streak. It is a methodology.

The macro backdrop here matters separately from Tate’s trading. Bitcoin opened June 18 at $64,450 and had fallen to around $62,980 by the time of reporting, a move driven by the Fed’s decision to hold rates, which left the higher-for-longer concern intact even as oil prices fell and U.S. stock indexes hit record highs. That divergence, equities rallying while Bitcoin and Ethereum (down roughly 2.3% on the day) sold off, reflects a market still sorting out whether crypto trades as a risk asset correlated to equities or as a separate macro hedge. Right now it is absorbing the worst of both framings: not getting the equity rally, but still getting the rate-sensitivity drag.

Tate has spent years promoting crypto to a large retail audience and has been associated with several meme coins, including Daddy Tate, Roost, Germany Token, and FTRISTAN, a number of which crashed after launch and drew criticism from traders. His public trading record on Hyperliquid now functions as a live demonstration of the outcome that record often produces. The audience watching him trade is not primarily made up of sophisticated derivatives traders. That is the part worth sitting with.