Andrew Tate suffered his 108th liquidation on a Bitcoin long position this week, losing a $3.76 million bet as the price flirted with his liquidation level. The controversial influencer, who has a track record of repeated wipeouts, opened the trade at 40x leverage and watched it get liquidated when Bitcoin dipped. Within hours, he reopened a fresh long — smaller, but still at 40x leverage.
The $3.76 million trade
Tate entered a 40x leveraged long worth 57.36 BTC — about $3.76 million at the time. His liquidation price sat at $65,215.87. Bitcoin was trading around $65,500 when the report surfaced, meaning the liquidation level was only about $300 away. That thin buffer didn't hold. The trade got liquidated, adding to Tate's long list of failed leveraged bets.
108 liquidations and counting
This wasn't a first — or even a hundredth. Tate has been liquidated on leveraged Bitcoin positions 107 times before. The latest brings the total to 108. The pattern is well known: big entry, high leverage, tight stop, and a price move that wipes it out. Tate doesn't seem to change his approach.
Bitcoin's narrow window
The liquidation happened as Bitcoin traded in a tight band. Support sits at $63,000 to $62,500, while resistance is at $67,000 to $69,000 and $71,500 to $73,000. With price hovering near $65,500, the margin for error on a 40x position is razor-thin. A move of just a few hundred dollars in either direction can trigger a cascade.
Opening a new position
After the liquidation, Tate didn't walk away. He reopened another long position with a smaller amount, still using 40x leverage. Whether this one survives is an open question — the price is still within striking distance of liquidation levels.
Bitcoin Hyper presale passes $32M
In separate news, the Bitcoin Hyper presale has raised $32 million at a token price of $0.01368. The project positions itself as a Bitcoin Layer 2 with SVM (Solana Virtual Machine) integration. The presale is ongoing, but no further details on launch timeline were provided.
