According to a TechFlowPost 7x24 newsflash, Andrew Tate was liquidated eight times over the past 16 hours, and his account balance has fallen to only $14,200. The brief report did not disclose the specific assets involved, the trading platform, the direction of the positions, or the amount of each individual liquidation.
In crypto derivatives trading, liquidation generally refers to the forced closure of a leveraged position when the margin supporting that position is no longer sufficient. Multiple liquidations in a short period can reduce remaining account funds directly, but the available update only states the number of liquidations, the 16-hour time frame, and the remaining balance.
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