Andrew Tate's Bitcoin Trading Disaster: $86K Loss in 16 Hours

Controversial social media influencer Andrew Tate suffered significant losses totaling nearly $86,000 through leveraged Bitcoin trading on June 17-18, 2026. According to blockchain analytics platform Lookonchain, Tate's account balance dwindled from around $100,000 to approximately $14,219 in a 16-hour span.

Tate established an initial Bitcoin long position with a notional value of around $3.8 million and employed 40x leverage. However, as the price of Bitcoin tumbled from approximately $66,400 down to roughly $64,127, Tate's calculated liquidation threshold was breached, resulting in automatic termination of the position.

Following the failed long position, Tate initiated a short position valued at around $1 million, but this too resulted in liquidation due to an immediate price reversal. The most significant individual loss within this trading sequence involved approximately 11.47 BTC in notional value.