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A Hyperliquid wallet reportedly linked to Andrew Tate shows more than $803,800 in all-time perpetual futures losses after a series of liquidations tied to Bitcoin price swings. The latest round of trading reportedly wiped out nearly the entire deposited capital within days, according to data cited from HyperDash.
On Wednesday, the wallet opened a 57.36 BTC long position on Hyperliquid with an entry price near $66,000, HyperDash data showed. The position was valued at about $3.79 million and was backed by roughly $100,000 in USDC, implying leverage of around 40x.
As Bitcoin declined toward the mid-$64,000 area on Thursday, the long position began unwinding. The trade ultimately recorded about $68,600 in cumulative realized losses.
By June 18, the account balance had fallen to around $14,000, down from roughly $100,000 within a day, the report said.
After the long unwind, the wallet reportedly switched direction and opened a 14.33 BTC short position worth about $1 million at $64,817. That position was also liquidated as Bitcoin rebounded, with five short liquidation fills recorded.
The wallet’s trading problems on Hyperliquid reportedly began before 2026. In November 2025, a 40x BTC long position was liquidated for $235,000 on Nov. 14. By Nov. 18, multiple longs near $90,000–$95,000 were wiped out, leaving the account near zero.
The report also cited a separate episode involving World Liberty Financial (WLFI) positions ahead of a token unlock that triggered a sharp drop in September 2025. It said Tate re-entered the same trade almost immediately and lost again, with the losses described as around $67,500.
As of Friday, the wallet’s all-time performance tab reportedly showed perpetual futures losses of $803,800. The drawdown was described as beginning in early 2025 and deepening again after the latest June liquidation streak.
The trades highlighted in the report illustrate how quickly a leveraged account can lose capital in volatile market conditions, even when the underlying asset moves only a few percentage points.
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