Andrew Tate liquidated 8 times in 16 hours, account falls to $14,219
Lookonchain said the crypto KOL and Instagram influencer was first liquidated on a Bitcoin long, then again after flipping short.
BTC
Fact Check
The claim is sourced directly from the originating Lookonchain X post, which states verbatim that Andrew Tate was liquidated 8 times in 16 hours, got liquidated on a BTC long then flipped short, leaving $14,219. This is independently corroborated by the CCN/Yahoo Finance article reporting the same eight liquidations, 16-hour window, ~$14,200 balance, and BTC long-to-short flip. The Lookonchain post links to an on-chain HypurrScan address as evidence. All key figures in the headline match the primary source.
Summary
Andrew Tate was liquidated eight times over the past 16 hours, leaving his account with $14,219, according to Lookonchain. The on-chain monitoring account said the crypto KOL and Instagram influencer was first wiped out on a Bitcoin long position and then faced further liquidations after switching to a short. Repeated liquidations typically happen when leveraged trades move against a trader and the exchange forcibly closes positions to cover losses.
Terms & Concepts
- liquidated: Forced closure of a leveraged position
- short: A bet that an asset will fall
- Bitcoin long position: A leveraged bet on Bitcoin rising