A week ago, controversial online figure Andrew Tate reportedly lost his entire trading balance on crypto derivatives exchange Hyperliquid.
This came after Bitcoin (BTC) dipped below $90,000 that week.
On-chain analytics firm Arkham Intelligence revealed that Tate had been "hyperliquidated," losing every dollar he deposited into the platform, along with the referral rewards earned from users trading under his link.
Now, a deeper analysis of Hyperliquid data indicates Tate has lost nearly $1 million in forced liquidations, and almost his entire holdings of Donald Trump-backed World Liberty Financial (WLFI) tokens are wiped out.
Hyperliquid data shows WLFI holdings nearly gone
Recent on-chain records from Hyperliquid indicate that Tate has lost most of his WLFI tokens, one of the coins he often promoted.
World Liberty Financial (WLFI) is a crypto project backed by the Trump family.
WLFI operates on blockchain infrastructure supporting decentralized finance (DeFi) features, including staking, governance, and community-led rewards.
Nearly $1M in forced liquidations
Transaction logs on Hyperliquid show a string of forced position closures on Tate's account as the BTC price fell.
According to the analysis, Tate's total realized loss reached around $760,000, wiping out all trading capital and referral gains combined.
A detailed breakdown shows that Tate lost $968,569 specifically from liquidation events, though he had generated roughly $208,000 in normal trading profit before the wipeout.
His total trading volume liquidated reportedly exceeded $44.3 million, suggesting a highly leveraged strategy vulnerable to even minor price swings.
The largest single liquidation occurred on Jan. 9, 2025, when a long position on BTC was closed at $92,036, resulting in an $87,489 loss.
By coin, the majority of his losses came from Bitcoin and Ethereum (ETH), followed by trades in World Liberty Financial (WLFI), along with smaller positions in TRUMP memecoin and Solana (SOL):
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BTC: $442,065
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ETH: $342,203
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WLFI: $123,267
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TRUMP: $33,704
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SOL: $22,502
While Tate has not publicly commented on the losses, his trading activity appears to have stopped following the liquidation wave, and no withdrawals have been observed from the associated Hyperliquid address.
He made 8 trades (realized) on WLFI and lost money on every single one of them. He never booked a single dollar of profit on this coin.
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What is Hyperliquid?
Hyperliquid is a fast-growing decentralized exchange specializing in perpetual futures trading. It provides:
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High leverage— typically up to 20x or higher, depending on the asset.
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On-chain account management— traders keep control of their funds through self-custodied wallets.
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Cross-margining— users can back positions using multiple crypto assets as collateral.
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Deep liquidity— powered by automated on-chain market maker (AMM) mechanisms.
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Low latency execution— optimized for high-frequency and active derivatives traders.
Unlike centralized venues such as Binance or Coinbase, Hyperliquid operates as a non-custodial platform. Users deposit funds into smart contracts, and liquidations are handled automatically when margin levels fall below collateral requirements.
The model has drawn a strong following among leverage-heavy and algorithmic traders.
Tate's crypto saga
Tate, known for his social media influence and self-help business empire.
Tate and his brother Tristan were arrested in Romania in December 2022 amid investigations by the anti‐organised crime agency DIICOT into alleged human trafficking, rape and the formation of an organised criminal group to sexually exploit women.
In June 2023, the prosecution indicted Andrew on counts of rape, human trafficking in continued form and forming a criminal group.
Subsequently, his assets, including properties, vehicles and watches reportedly worth several million dollars, and his Bitcoin wallets, were seized.
However, in December 2024, a Romanian appeals court ruled that procedural flaws in the indictment meant the case could not currently proceed to trial and sent it back to prosecutors for amendment or withdrawal.
Meanwhile, Tate also faces separate legal entanglements in the U.K., including a civil tax-evasion investigation. He has denied all allegations, calling the prosecution a politically motivated attack.
Tate has long tied cryptocurrency to his message of financial independence.
However, his crypto path has been turbulent. After regaining his online platforms, Tate shifted focus to Bitcoin and trading content.
Blockchain data shows frequent transfers via major exchanges, with Arkham valuing his current holdings, mostly ETH, SOL, USDC and smaller tokens, at about $218,000, far below his 2024 peak of $10 million.
It should be noted that Arkham's analysis reflects activity from all publicly identified wallets linked to Andrew Tate, based on established attribution methods. Because crypto allows users to generate unlimited additional addresses, it is not possible to know whether he controls other wallets that are not publicly tagged. The findings therefore represent only the on-chain behavior visible from this single attributed account and may not capture his full holdings.
Related: Andrew Tate predicts Bitcoin will crash to $26K before its biggest move
Bitcoin's steep correction
The liquidation aligns with broader market volatility. Bitcoin dropped below its early October peak of $126,000, reflecting rising profit-taking and shifting sentiment ahead of U.S. regulatory updates and macroeconomic uncertainty.
Last week, Bitcoin dropped below $83,000, reaching as low as $82,175 on Nov. 21.
At press time, it had recovered and was trading at $87,076.05, increasing marginally by 0.5% in the past 24 hours.
Related: Andrew Tate is terrible at crypto trading, data shows
This story was originally published by TheStreet on Nov 24, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
