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Tate-linked Hyperliquid wallet hit on both sides of a 40x BTC perps flip

HyperDash data shows margin falling from about $100,000 to roughly $14,000 and all-time perps losses at $803,800.

By AI News Crypto Editorial Team4 min read

A Hyperliquid wallet reportedly linked to Andrew Tate saw a high-leverage Bitcoin perps long and a follow-on short both pressured by intraday swings around the mid-$64,000s. HyperDash data shows the account’s margin dropping to about $14,000 from roughly $100,000 by June 18, with all-time perps losses displayed at $803,800 as of Friday.

Key Takeaways

  • A Hyperliquid wallet labeled as reportedly linked to Andrew Tate opened a 57.36 BTC long near $66,000 backed by roughly $100,000 USDC, implying about 40x leverage, per HyperDash.
  • The long unwound as BTC moved toward the mid-$64,000s, logging about $68,600 in cumulative realized losses.
  • After flipping short, the wallet opened a 14.33 BTC position at $64,817 and showed five short liquidation fills on a rebound.
  • The balance was around $14,000 by June 18 versus about $100,000 earlier, while the wallet’s all-time Hyperliquid perps losses were shown at $803,800 as of Friday.

40X BTC Perps Flip Leaves Tate-Linked Wallet Near Empty

A Hyperliquid wallet described as reportedly linked to Andrew Tate was nearly wiped out after a fast long-to-short sequence in BTC perpetual futures. HyperDash data shows the account’s margin falling to around $14,000 by June 18 from roughly $100,000, after both directional bets were hit by relatively contained moves in the underlying.

For perps traders, the mechanical point matters more than the personality. At around 40x leverage, the position size is doing the damage, not a dramatic spot crash. A few percent move through the mid-$60,000s was enough to turn a six-figure USDC deposit into low five figures.

The identity angle remains provisional. The address is presented as “reportedly linked,” and the packet relies on third-party dashboard attribution rather than direct proof of ownership.

Trade Tape: 57.36 BTC Long at ~$66K, Then 14.33 BTC Short at $64,817

The sequence starts with a 57.36 BTC long opened Wednesday with an entry price near $66,000, per HyperDash. The position was worth about $3.79 million notional and backed by roughly $100,000 in USDC, implying leverage of around 40x.

On Thursday, as Bitcoin fell toward the mid-$64,000 area, the long began unwinding. HyperDash shows about $68,600 in cumulative realized losses on that leg.

After closing or unwinding the long, the wallet flipped short. It opened a 14.33 BTC short at $64,817, roughly $1 million notional, and the position was pressured as BTC rebounded, with five short liquidation fills shown on the tape.

The combined Wednesday–Thursday loss is framed as “nearly $86,000” or “nearly $100,000” in the source excerpt, but only the long’s realized loss is explicitly quantified. The short’s total P&L is not specified beyond the liquidation-fill count, which limits how tightly the two-day total can be audited from the numbers provided.

All-Time Drawdown: $803,800 in Perps Losses After Prior 2025 Liquidations

Even if the latest hit is treated as a one-to-two day event, the larger signal is persistence. HyperDash’s all-time performance tab showed $803,800 in perpetual futures losses as of Friday, extending a drawdown described as beginning in early 2025 and deepening again after the June liquidation streak.

The excerpt also points to earlier large losses in 2025. A 40x BTC long was liquidated for $235,000 on Nov. 14, 2025, and by Nov. 18 multiple BTC longs near $90,000–$95,000 were wiped out, leaving the account near zero. Separately, the wallet lost around $67,500 on World Liberty Financial (WLFI) positions ahead of a token unlock in September 2025, then re-entered and lost again, with the second loss amount not specified.

Signals to Watch for Andrew Tate Hyperliquid BTC perps losses

BTC price action around the mid-$64,000s and roughly $66,000 is the immediate reference frame, since those levels bracket the long entry and the subsequent move that forced the unwind. Traders tracking the same wallet via HyperDash will also be watching for any fresh high-leverage opens or additional liquidation fills, which would indicate whether the behavior is continuing or the account is effectively sidelined after the margin drawdown.

Two updates would change the story’s weight. One is whether the all-time perps P&L figure, shown at $803,800 in losses as of Friday, continues to deteriorate. The other is attribution: any independent on-chain linkage that confirms or refutes the wallet being tied to Tate beyond third-party labeling.

What This Says About Liquidation Risk on Small BTC Moves

I don’t read this as a “BTC volatility” story. It’s a leverage story. When a wallet can go from roughly $100,000 in USDC to about $14,000 after a long that bleeds into the mid-$64,000s and a short that then catches a rebound, the takeaway is how narrow the error bars get at ~40x.

The threshold that matters is whether these trades remain isolated tape noise or keep compounding into the all-time drawdown HyperDash shows at $803,800. If that loss figure keeps expanding while BTC chops between the mid-$64,000s and ~$66,000, the setup starts to look structural rather than narrative-driven: high leverage plus two-way volatility equals repeated forced exits.

Sources