Why Andrew Tate Lost Nearly $1M in Crypto Trading

Andrew Tate is no stranger to financial flamboyance. He loves to show off his money and often pays money to do so. However, his latest stunt has clearly cost him dearly, and he is in the limelight when he did not want to be.

Tate’s epic fail was as flashy as his Bugatti, as he was publicly liquidated on the transparent, on-chain decentralized exchange Hyperliquid. It was not cheap either; reports say that Andrew lost nearly a million US dollars in his gamble. In this article, we will take a look at the “Top G” mistake made by Andrew Tate, and will ponder over the matter in detail so that you don’t make similar headlines as a trader.

Extreme Leverage Causes Casualties

The most prominent factor that led to such a loss for Tate was obviously his indiscriminate use of leverage. When it comes to trading, leverage acts as a double-edged sword. While it can amplify your profits, it can easily wipe out your entire margin. The mistake Tate made was that he went all in with the leverage. Tate had leverage as high as 40x on some of his positions.

Tate’s story of financial loss in the crypto market is nothing new. In June of 2025, Tate had opened an Ethereum position with a 25x leverage. As the market moved against him, Tate painfully saw the huge sum of $597,000 in bold red colour.

Tate’s plans on making quick profits from extreme market movements did not go as planned, as the market moved opposite to Tate’s expectations, the leverage amplified the risk and inevitably led to a complete liquidation.

Low Win Rate And Lack Of Discipline

Trading is not a game; it requires a high level of ingenuity and extreme financial discipline. All successful traders make sure that their win rate is up and that they manage their losses efficiently. Tate’s inability to do both has cost him dearly.

With a win rate of mere 35.53% as per the data collected from Tate’s 76 trades on Hyperliquid, it shows how ignorant Tate had been. With such a low win rate, any trader would have second-guessed their decision to go all in with leverage as high as 40x.

With two-thirds of the total trades Tate placed ending up in losses, it has become clear that Tate is not trading with discipline; rather, he is gambling away money on speculation. What added to this disastrous approach was the fact that Tate managed his risks poorly.

Prudent traders are notorious for cutting their losses short. This ensures that they never lose their capital to such an extent that they can no longer trade. Tate, however, does not seem to follow this principle. Instead, he went on an outright rampage, doubling down as if he was buying the dip. Tate hoped for a market reversal is what we can infer from this strategy, as market data shows some of his investments, while he was in deep red territory, were with higher leverage than before. This strategy of throwing good money at bad ones is a great example of poor risk management.

The Transparency Of Blockchain Made The Blunder Public

Since Tate did not opt for the traditional centralized exchange where the trading data is kept private, his blunder soon became public, and the whole crowd came to witness his destruction. Hyperliquid is a decentralized exchange or DEX. It operates live on-chain, and anyone can use the block explorer to view and study the transactions of their fellow traders.

It was Arkham Intelligence, one of the most popular on-chain analytic firms, that brought this news to the public. Arkham Intelligence was able to use Hyperliquid’s transparency to monitor every single one of Tate’s moves. This was then made public for the whole world to see.

Hyperliquid’s transparency had revealed yet another interesting fact. Tate had been receiving a referral income from the traders he referred to the platform. This income amounted to at least $75,000, which Tate kept using to sustain his dying positions. Eventually, these earnings too were lost in the process.

The Death Blow From Market Volatility

The final death blow came in November of 2025. This was a period of heightened volatility across every crypto market. It was during this period that Bitcoin dipped below $90,000 mark, and many were liquidated during this period of extreme volatility.

During this time, Tate had a publicly verified long position on Bitcoin. As the market plummeted, Tate’s high-leverage Bitcoin positions were also wiped out quickly. From what was sourced from the public blockchain, Tate had lost a total of $727,000 in the short time period of a year.

Parting Thoughts

Tate’s mistake-riddled run in the crypto trading realm remains a stark example of ‘how not to trade’. Overconfidence and a total disregard for trading fundamentals have cost Tate dearly. Trading is a domain where every trader has to respect the market, trading fundamentals, risk management, and market volatility.

Without humility and a hint of trading common sense, these kinds of losses pile up, and it is enough to wipe out an entire portfolio, no matter how big, strong, and powerful that portfolio is.

Also Read: Spot Bitcoin ETFs Add $129M, Ethereum ETFs Attract $78M