Andrew Tate faced a significant financial setback as his Hyperliquid account was fully liquidated, resulting in a loss of nearly $794,000. This occurred during a broader market downturn that saw $2 billion wiped from the market. Tate, known for his trading activities, has now been liquidated 84 times on the platform, with this latest incident happening on November 21.
The liquidation was triggered as Bitcoin's price fell to approximately $80,500, affecting over 400,000 traders. Despite the setback, Tate shifted focus to promoting zero-knowledge privacy solutions, suggesting they will play a crucial role in the future of cryptocurrency as AI technologies continue to evolve.
Andrew Tate's $794,000 Bitcoin Bet Liquidated Amid Market Downturn
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
