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International Business Times UK

Business

Akshay Puri

Andrew Tate Loses $95,000 on Bitcoin Trade, Then Opens Another 40x Leveraged Bet

Andrew Tate Bitcoin Crypto blockchain Hyperliquid

Blockchain data shows Andrew Tate closed a losing Bitcoin long before quickly switching to a new high-risk short. (Credit: Screenshot / YouTube Misfits Boxing)

Andrew Tate has suffered another significant setback in the cryptocurrency market, losing nearly $95,000 on a highly leveraged Bitcoin trade before immediately opening a new position worth almost $1 million. Blockchain data from Hyperliquid shows the controversial online personality closed a losing Bitcoin long position on June 17, only to return moments later with a fresh 40x leveraged short bet.

The move adds another chapter to Tate's volatile trading history, which blockchain analytics platform Lookonchain says has already resulted in 107 liquidations.

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