Andrew Tate liquidated 8 times in BTC trades losing $86,000

Social media personality Andrew Tate saw a rapid series of financial losses after being liquidated eight times in leveraged BTC trades within just 16 hours between June 17 and 18, 2026. According to on-chain analytics from Lookonchain, Tate began with nearly 100,000 USDC but was left with only $14,219 in his trading account after this streak.Trading streak reversed quicklyMarket sell-off impacted many tradersTate’s previous losses in spotlight Trading streak reversed quicklyData shows that Tate first deposited roughly 100,000 USDC into his Hyperliquid account before opening a major BTC long position. Hyperliquid is recognized as an on-chain perpetual futures trading platform. Soon after, a swift price move triggered by high leverage forced the position to close automatically.Glossary: Liquidation occurs when the collateral in a leveraged position becomes insufficient due to price movement, leading the exchange to automatically close the position. Using 40x leverage means a trader can open a position worth forty times their own capital.The size of Tate’s initial long reached approximately $3.8 million, with 40x leverage applied. As the BTC price dropped from around $66,400 to $64,127, the position was liquidated once it fell below the liquidation threshold of $65,216. Lookonchain’s data revealed that within 16 hours, Andrew Tate experienced eight liquidations, first while long on BTC and then again after switching to short.After the first loss, Tate reversed his bet, opening a short position worth close to $1 million. Shorts profit when prices fall, but BTC moved up this time, causing a second liquidation. Data also indicates his largest single loss from these trades reached a nominal value of about 11.47 BTC.ItemDataInitial marginApprox. 100,000 USDCRemaining balance$14,219Long position sizeApprox. $3.8 millionLeverage40xLiquidation level$65,216Market sell-off impacted many tradersTate’s losses mirrored a broader sell-off across the crypto markets. According to reports, policy signals from the US Federal Reserve in June triggered risk-off moves and heightened volatility in digital assets.During the same 24-hour window, nearly 100,000 traders across multiple exchanges faced forced liquidations. These liquidations totaled over $400 million, with almost $280 million attributed to long positions. The single largest liquidation in this period occurred on Binance, with a $5 million BTC long wiped out.During the same sell-off, more than $400 million in leveraged crypto positions was liquidated across various exchanges, affecting almost 100,000 accounts.Tate’s previous losses in spotlightThis latest episode adds to Tate’s history of losses with leveraged crypto trading. The report notes he has deposited a combined $727,000 into Hyperliquid over the past year and has not withdrawn any significant funds from the platform.By the end of 2025, this account was already depleted following a series of consecutive liquidations—June 2026’s events echoed that scenario, according to sources. Lookonchain stated that all movements and balances in the account are confirmed through on-chain data.Crypto market maker Wintermute warned that brief upswings in market sentiment may not translate into lasting BTC recovery. The firm noted that renewed selling pressure could trigger further downward moves in BTC’s price.Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.