Blockchain tracker Lookonchain flagged that Andrew Tate opened another high-leverage Bitcoin long on Hyperliquid — a 40x position on 57.36 BTC worth roughly $3.76 million. Shortly after, the tracker reported a partial liquidation, adjusting the liquidation price from $65,215.87 to $64,824.44.
BTC price wobble triggers forced cut
Bitcoin was trading near $64,730 at the time of the report, with an intraday high of $66,689 and low of $64,730. That narrow range was enough to push the position into danger zone. Lookonchain said Tate had already been liquidated 107 times before this trade. The wallet address linked to the current position matches his previous Hyperliquid activity.
The math behind 40x leverage
A 40x multiplier gives outsized exposure with minimal margin — but also leaves almost no buffer. A move of just 2.5% against the position wipes out the entire margin. Partial liquidation reduces the remaining position size and tightens the break-even window. If BTC slides further, Tate faces more pressure.
DADDY token history echoes risk
Tate's crypto footprint extends beyond futures. In 2024, he launched DADDY coin during the celebrity token wave, positioning it as a rival to Iggy Azalea's MOTHER. Bubblemaps later flagged that insiders acquired 30% of supply before public marketing. DADDY has since collapsed from an all-time high of $0.288644 to around $0.01159, losing over 95% of its peak value. Tate also suffered sharp losses tied to the token.
The latest Bitcoin trade hasn't resulted in a full wipeout. But partial liquidation shows that repeated failures haven't curbed his appetite for high-leverage crypto gambling.