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▲ Cryptocurrency investment, forced liquidation, bear market/AI generated image
An analysis revealed over 108 liquidations and an approximate 35% win rate in the public cryptocurrency wallet of Andrew Tate, who has self-proclaimed himself a 'financial genius.' The withdrawal amount from the account, which had over $727,000 deposited, was stated as $0.
Cryptocurrency-focused YouTube channel Coin Bureau analyzed Tate's Hyperliquid trading wallet records in a video uploaded on July 7 (local time). Coin Bureau reported that Tate was liquidated over 108 times, based on on-chain tracking data from sources like Lookonchain and Arkham. Cumulative losses are estimated to be between $800,000 and $900,000 depending on the calculation method, with a stated win rate of approximately 35%.
The greatest risk was revealed in repetitive high-leverage trading. According to the video, on June 17, Tate deposited $100,000 and then opened a 40x leverage long position equivalent to 57.36 BTC (Bitcoin, BTC). The nominal position size was approximately $3.76 million. As the price approached liquidation, he added $72.11 in collateral, but the position was ultimately liquidated.
Immediately after, Tate switched to a 40x short position worth approximately $1 million, and that position was also liquidated. The video reported that 8 liquidations occurred within 24 hours. The account balance, which was $100,000, decreased to approximately $14,000, resulting in a daily loss of about $86,000. Coin Bureau identified 40x leverage, adding collateral to losing positions, trading in the opposite direction immediately after liquidation, and repeated deposits as key loss patterns.
The process of promoting memecoins also came under scrutiny. The video stated that Tate, in June 2024, supported a Solana (SOL)-based memecoin and promised not to sell the tokens sent to him, only to buy and burn them. However, on-chain analytics firms analyzed that insiders controlled 30-40% of the total supply before the public promotion. Data was also presented showing that approximately 40% of the supply moved to Tate's wallet immediately after launch, and the token plummeted over 97% from its peak.
Coin Bureau reported that a wallet identified as connected to Tate exchanged approximately 650 million units of another proprietary token. The video explained this amount as about 65% of the total supply, with an acquisition value of approximately $23,000. Based on public wallet records, Coin Bureau highlighted both Tate's repeated high-risk trading and the on-chain fund movements observed after memecoin promotions as problematic.
[Article Key Summary]
-Coin Bureau reported that over 108 liquidations and an approximate 35% win rate were confirmed in Andrew Tate's public wallet.
-Tate was presented as having lost approximately $86,000 in one day by repeatedly engaging in 40x leverage trading after investing $100,000.
-The video also introduced an on-chain analysis showing that a wallet linked to Tate exchanged approximately 65% of the proprietary token supply.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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