- Andrew Tate is a British-American social media personality.
- He gained prominence through his online presence, promoting a hyper-masculine lifestyle and controversial views on gender roles.
- Andrew and his brother Tristan Tate were arrested in Romania in December 2022 and had their assets seized on charges including human trafficking, rape, and forming an organized criminal group to sexually exploit women.
- Among the seized assets, the Romanian police force also listed a significant sum in cryptocurrency, consisting of 21 Bitcoins (BTC) worth about or $550,000 at the time (but worth over $1.9 million as of April 2025).
Self-proclaimed financial guru and controversial internet personality Andrew Tate has been exposed after on-chain data exposed nearly $600,000 in trading losses. This is despite his recent social media post boasting of a big win.
On Tuesday, Tate took to X (formerly Twitter) in a post now-deleted to flaunt a +138.5% return on a leveraged Ethereum (ETH) long position executed on Hyperliquid, a fast-growing decentralized perpetuals exchange (DEX).
The post included a branded screenshot of the trade and a referral link intended to capitalize on his followers and drive signups to earn affiliate commissions.
However, the transparency that defines decentralized finance (DeFi) quickly turned the tables.
Unlike centralized exchanges (CEXes), which can mask user identities, DEX transactions are tied to public wallet addresses, making them traceable by anyone.
Crypto sleuths on X and crypto forums soon identified the wallet linked to Tate’s Hyperliquid trade. According to Hyperdash, a blockchain portfolio tracker, the wallet holds a cumulative profit-and-loss (PnL) of – $597,302.89.
The figure reflects total realized losses across all trades made from that address on Hyperliquid.
While the ETH long trade currently shows an unrealized gain of about $22,000, and is indeed up 138%, it does little to offset the nearly $600,000 in prior losses.
The community response was swift. Screenshots of the wallet’s performance circulated widely, and Tate’s original post was deleted within hours.
When questioned about the apparent discrepancy, Tate responded, “I’ll make it all back with one trade.”
This incident highlights a core tenet of DeFi: in a world where wallet histories are fully public, reputation management becomes a double edged sword.
Whether Andrew Tate will recover from this, is yet to be seen. However, blockchain never forgets.
