Public scrutiny of Andrew Tate’s cryptocurrency trading activity on decentralized exchange Hyperliquid has revealed significant losses and a low success rate, contrasting sharply with his public persona.
Analysis of Tate’s trading history shows he executed 76 perpetual contract trades on Hyperliquid. Only 27 of these trades were profitable, resulting in a win rate of 35.53% and cumulative losses exceeding $583,000.
Tate currently maintains a highly leveraged long position on Ethereum, utilizing 25x leverage. This strategy significantly amplifies both potential gains and losses relative to the underlying price movement of Ethereum.
The exposure of Tate’s trading performance stems from an accidental disclosure of his wallet address. This public access to his on-chain activity allowed for verification of his claims against actual trading results.
Further compounding the picture, meme coins promoted by Tate, including FTRISTAN, TOPG, and DADDY, have experienced substantial price declines since their peaks, with some plummeting over 87%.
This incident highlights the inherent transparency of decentralized exchanges and serves as a stark reminder of the substantial risks associated with high-leverage trading and speculative investments in volatile cryptocurrency markets.