Crypto KOL and Instagram influencer Andrew Tate had his trading account on Hyperliquid forcibly liquidated eight times over the past 24 hours, according to Arkham monitoring.
According to Odaily, data showed Tate deposited $100,000 into the account and then opened a roughly $3.8 million Bitcoin long position and a roughly $1 million Bitcoin short position, creating a high-leverage hedged setup.
The report said that amid sharp Bitcoin price volatility, market moves repeatedly diverged from his positioning, causing the positions to trigger liquidations multiple times.
