Andrew Tate hit by further liquidation on $3.76M Bitcoin position

According to reports from Lookonchain, the aggressive 40x long involved 57.36 BTC. The position was structured with minimal room for error, initially setting a liquidation price at $65,215.87. As Bitcoin prices fluctuated near the $64,730 range during a recent session, the trade triggered a partial liquidation, pushing the threshold down to $64,824.44.

This latest move marks a continuation of Tate's high-risk trading habits, which analysts note include over 100 previous liquidations. His history in the crypto space remains controversial, underscored by the volatile performance of the DADDY meme coin. That asset, which Tate promoted as a rival to celebrity-backed tokens in 2024, has plummeted from its all-time high of $0.288644 to roughly $0.01159. While the current Bitcoin position has not been fully wiped out, the recurring liquidations highlight the extreme risks associated with the 40x leverage strategy he continues to employ on Hyperliquid.