'Hyperliquidated': Andrew Tate Loses $800,000 Trying To Trade Crypto

Core Insights - Andrew Tate has reportedly lost $800,000 trading cryptocurrencies on the decentralized exchange Hyperliquid, according to cryptocurrency intelligence platform Arkham [1][2] - Tate deposited a total of $727,000 into Hyperliquid and has lost all of it without making any withdrawals, in addition to losing $75,000 in referral rewards [2] - His trading strategy involved high-risk leveraged positions, which resulted in significant losses as he attempted to time the Bitcoin market [3] Trading Performance - Tate's Hyperliquid account was publicly disclosed in June, revealing that he was already $600,000 in the red at that time [2] - Despite his losses, Tate continues to promote his "Hustlers University," which claims to teach cryptocurrency trading strategies [4] - He has made statements encouraging followers to join and invest in cryptocurrencies, promising quick returns [5]