Andrew Tate lost nearly $86,000 this week by betting on Bitcoin in both directions — going long and short — according to on-chain data from his Hyperliquid wallet. The losses add to a mounting tally of failed trades that now exceeds $803,800 in all-time perp futures losses, following multiple liquidations tied to what the data labels as WLFI-related positions.
How the $86K disappeared
The influencer's wallet shows two distinct trades that went wrong. He opened a long position expecting Bitcoin to rise, then a short position anticipating a drop. Both bets moved against him, and the combined loss came to nearly $86,000. The exact entry and exit prices aren't public, but the wallet's transaction history confirms the sequential losses.
The bigger loss on Hyperliquid
These two trades are part of a much larger pattern. Tate's Hyperliquid wallet has now racked up more than $803,800 in cumulative losses on perpetual futures. The data specifically notes “repeated crypto WLFI liquidations” — referring to positions tied to the WLFI token or platform, though details on that connection remain unclear. The losses span multiple months and dozens of trades, many ending in forced liquidation.
What the wallet shows
The wallet is publicly visible on the Hyperliquid chain explorer. It currently holds a small balance of stablecoins and no active positions, suggesting Tate either stepped back or hasn't opened new trades since the latest wipeout. On-chain sleuths spotted the activity and shared it across crypto social media earlier this week.
No comment from Tate
Neither Tate nor his representatives have addressed the losses publicly as of Friday. The influencer, known for his controversial online presence and crypto promotion, has not posted about the trades on his social channels. Given the size of the losses — and the fact they come from both a long and a short — traders on X have been quick to mock the strategy of betting both sides and losing on both.
The public ledger doesn't lie. Tate's Hyperliquid wallet now shows a running total that's hard to ignore: over $800,000 gone on perp bets, with the latest $86,000 the most concentrated loss in a single day.
