Dealer Andrew Tate posted a screenshot displaying a +138.5% acquire on a leveraged Ethereum commerce. However inside hours, blockchain knowledge revealed almost $600,000 in losses tied to his Hyperliquid buying and selling pockets, prompting him to delete the publish.
Andrew Tate Posts 138% ETH Lengthy on Hyperliquid, Then Deletes It
On Tuesday, Tate shared a screenshot of an Ethereum lengthy place with 25x leverage on Hyperliquid, a decentralized perpetuals alternate (DEX). The commerce confirmed a mark price of $2,655.3 towards an entry at $2,515.9, with an unrealized acquire of about $22,000—equal to a +138.5% return.
The publish included a referral hyperlink to Hyperliquid, encouraging followers to hitch the platform.
Shortly after the publish went dwell, blockchain customers traced the commerce to a selected pockets tackle. In line with knowledge from Hyperdash, a third-party portfolio tracker that screens Hyperliquid pockets exercise, the tackle has a cumulative revenue and loss (PnL) of –$597,302.89.
Whereas the ETH lengthy commerce stays open and in revenue, earlier trades tied to the identical pockets account for heavy losses. The broader buying and selling historical past stands in distinction to the snapshot shared publicly.
Following the invention, Andrew Tate eliminated his unique publish from X.
When requested concerning the losses, he responded: “I’ll make it all back with one trade.”
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Public Blockchain Exposes Full Trading Historical past
Not like centralized exchanges that protect account identities, Hyperliquid operates on public sensible contracts. Each commerce is tied to a pockets tackle seen on-chain. Public wins may be verified—or disproven—by means of open blockchain data. In Tate’s case, a worthwhile screenshot wasn’t sufficient to hide the cumulative losses that adopted him on-chain.
As soon as Tate shared the screenshot, customers matched it to the underlying pockets and accessed the complete buying and selling historical past.
This allowed the crypto group to confirm the broader efficiency behind the only commerce.
Andrew Tate will not be the one dealer whose Hyperliquid exercise has drawn consideration. Earlier this month, crypto investor James Wynn posted a few $100 million Bitcoin lengthy place that finally failed. He later confirmed promoting all his HYPE token holdings and criticized the alternate’s referral program, stating:
“I made $34,000 through referrals on their platform. Which is extremely poor considering the number of signups and volume I generated.”
Tate’s deleted publish additionally contained a referral code, suggesting an identical intent to drive signups by means of his public trades.
Tate’s Ethereum place stays worthwhile on the time of writing, however his account’s full buying and selling historical past reveals loss. Whole realized and unrealized losses stand at almost $600,000, based mostly on publicly accessible pockets knowledge.