Influencer Andrew Tate Loses Nearly $86,000 Trading Leveraged Bitcoin in One Day

Andrew Tate is the founder of online trading education company The Real World and has long traded cryptocurrencies on decentralized perpetual futures platform Hyperliquid. The episode drew attention because he used about $100,000 in USDC as collateral for positions worth nearly $3.79 million, or roughly 40 times leverage, showing how even a small move in Bitcoin can quickly erode principal.

On June 17, 2026, the wallet used $66,000 to take a long position in 57.36 Bitcoin. After the cryptocurrency fell into the $64,000 range on June 18, the wallet switched to a short position of 14.33 Bitcoin and was liquidated five times. Total losses for the day approached $86,000, reducing the balance from $100,000 to $14,000. By June 19, its historical losses on Hyperliquid had reached $803,800.