Andrew Tate lost about $95,478 on a leveraged Bitcoin trade and was liquidated eight times on Hyperliquid within 24 hours, Arkham Intelligence reported.

The kickboxer closed a losing long position on June 17, then quickly returned with another large bet. His new trade was a 40x Bitcoin short worth roughly $934,000.

The loss drew attention to Andrew’s record on the decentralized derivatives platform. Lookonchain data places his total Hyperliquid liquidations at 107. Earlier reports put his combined losses there near $800,000. Bitcoin weakened around the Federal Reserve’s rate decision.

Andrew closes a $3.79 million Bitcoin long as prices fall

On-chain data from Arkham Intelligence shows that Andrew purchased exposure of 57.36 Bitcoins via a long position with leverage of 40x.

The face value of the contract stood at roughly $3.79 million. Andrew was anticipating an increase in the price of bitcoin, but unfortunately, prices dropped as investors were waiting for the Fed’s monetary policy decision.

As losses mounted, Andrew increased the margin by $72.11 for the trade. This additional margin allowed him to take on more risk for the trade, but it did not help him in averting the loss. He closed the position and incurred losses worth $95,478.

He did not stay out of the market. Soon after closing the long, Andrew opened a bearish contract covering 14.33 Bitcoin using 40x leverage. The position was valued near $934,000 at the time. The new bet would gain if Bitcoin continued falling.

The switch came during a difficult 24-hour period on Hyperliquid for leveraged crypto traders worldwide. Arkham said Andrew suffered eight separate liquidations during that window. Lookonchain’s wider tally shows more than one hundred liquidations across his trading history on the platform.

Andrew has spoken about crypto for years and has presented it to followers as a route to financial freedom. He has also been connected to meme coins such as Daddy Tate, Roost, Germany Token, and FTRISTAN. Several later crashed and faced criticism from crypto traders.

Romanian officials brought more attention to his crypto holdings in 2023. Authorities investigating claims involving human trafficking, money laundering, and sexual offenses took control of assets that reportedly included wallets tied to him. Andrew has denied the allegations.

Bitcoin and Ethereum fall after the Fed keeps rates unchanged

Bitcoin (BTC-USD) began Thursday, June 18, 2026, at $64,450.44. That opening price was 1.8% below Wednesday’s level. By press time, Bitcoin had dropped to $62,980.59.

Ethereum (ETH-USD) opened at $1,748.91, down 2.3% from the previous day’s opening. It traded at $1,744.25 by press time. Both coins remained well above their prices from one week earlier, but each lost ground after the Fed left interest rates unchanged.

The crypto decline continued even after the United States and Iran signed a peace agreement. Investors focused more heavily on stocks and on plans to reopen the Strait of Hormuz faster. The waterway is important for global energy shipments.

The war still left open the chance of higher rates. That concern stayed in the market even as oil prices fell and stock indexes reached new highs.

Trump addressed the Iran deal and the market on Truth Social, which is owned by Trump Media & Technology Group (NASDAQ: DJT). He wrote: “These fools, who think I haven’t been tough enough on Iran, when the Stock Market Just Hit A RECORD HIGH, and Oil prices are ‘tumbling’ down, are either jealous, bad people, or stupid.”

He also said oil was flowing, Iran could not obtain a nuclear weapon, jobs were at records, prices were falling, and the United States was “strong, safe, and respected like never before.”

Minutes later, Trump posted again: “There is no 300 Billion Dollar payment to Iran by the U.S. That’s Fake News! All there is for the U.S. is Success, Lower Oil Prices, and Victory. Check out the Stock Market. Dumocrat propaganda at play!!! President DJT”

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