Controversial influencer Andrew Tate recently saw his Hyperliquid account completely liquidated after his latest leveraged bitcoin ( BTC) bet collapsed, resulting in a cumulative loss of $794,000. Tate, who reportedly had a trading win rate of only 35.53%, suffered several liquidations over the past year, including his largest single loss of $235,000, which occurred on Nov. 14 on a BTC long position taken with 40x leverage.
According to onchain analytics firm Lookonchain, Tate’s last liquidation occurred on Nov. 21 when a long position on BTC was wiped out barely an hour after it was opened. Lookonchain reported that this latest incident brought the total number of times Tate has been liquidated on Hyperliquid to 84. Data shared by the firm suggests the influencer was consistently “buying the dip,” betting on a price rebound.
However, this aggressive strategy coincided with a significant market downturn. During the same period, BTC experienced a sustained downward slide that saw it reach a low of around $80,500 on Nov. 21.
Read more: $1.93 Billion Liquidated: Crypto Economy Market Cap Sinks Below $3 Trillion After Brutal Flash Crash
That day, nearly 400,000 traders were liquidated, wiping out approximately $2 billion in leveraged positions across the market. BTC has since reversed some of its losses and was trading around $86,000 at the time of writing (Nov. 24, 5 a.m. EST).
As debate swirled in the crypto community over his failed high‑stakes bets, Tate—who, alongside his brother Tristan, faces ongoing trafficking and rape charges—shifted the narrative with a video posted on X. Rather than acknowledging the near‑total liquidation of his trading account, Tate used the platform to champion zero-knowledge (ZK) proof-based privacy solutions.
“Right now, crypto is down, stocks are down, but it’s all coming back and when it does, the new meta is going to be privacy,” Tate said.
In the video, Tate claimed that the artificial intelligence (AI) algorithms being trained by tech giants would be used to control information and money, specifically warning they would be used to track crypto transactions. He argued that ZK privacy solutions are the future because they allow crypto users to transact without having to worry about government monitoring.
- What happened to Andrew Tate’s trading account? His Hyperliquid account was fully liquidated after leveraged BTC bets collapsed, losing nearly $794K.
- How often was Tate liquidated? Onchain data shows 84 liquidations, with a win rate of just 35.53%.
- What was the broader market impact? On Nov. 21, BTC fell to $80.5K, triggering $2B in liquidations across 400,000 traders.
- How did Tate respond publicly? He shifted focus to promoting zero‑knowledge privacy solutions as crypto’s “next meta.”
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