Yesterday I came across an interesting case in Arkham analytics — it turns out Andrew Tate completely drained his deposit on Hyperliquid. We're talking about $800,000 in losses over a few months. Andrew Tate's current account balance on the exchange is just under a thousand dollars.

He did everything by the book — deposited $727,000, then tried to recover through referral bonuses ( received $75,000), but instead of withdrawing, he poured everything back into trading. And once again, liquidation. Market analysts have already dubbed him one of the worst traders in the crypto sector. His win rate is only 35.5% over more than 80 trades.

It's especially amusing to look at his positions — in June, he lost $597,000, then in September, he opened a long on WLFI and lost $67,500 in minutes, and in November, he held a 40x leverage on Bitcoin, which resulted in a $235,000 loss. The only positive was a short on YZY in August (+16,000$), but that’s just a drop in the ocean.

Interestingly, Andrew Tate’s situation is not an exception. On the same platform, James Winn lost $23 million, Qwatio drained $25.8 million, and 0xa523 lost $43.4 million in a month. This shows how dangerous high-leverage margin trading on decentralized exchanges can be. Even experienced whales are not protected from volatility. Andrew Tate’s situation is just another example of how quickly you can lose everything if you don’t understand risk management.