Former world boxing champion Andrew Tate liquidated on Hyperliquid, $700,000 balance wiped out

Jinse Finance reported that as Bitcoin briefly fell below $90,000 this week, former world boxing champion and online controversial figure Andrew Tate had his entire trading balance on the cryptocurrency derivatives exchange Hyperliquid wiped out, suffering heavy losses. According to blockchain analytics firm Arkham Intelligence, Tate deposited a total of $727,000 into Hyperliquid and never made any withdrawals. These funds, along with approximately $75,000 in referral rewards he earned, have all been reduced to zero due to trading losses.