Andrew Tate’s $583K Perpetual Trading Loss Sparks Controversy

Influencer Andrew Tate has drawn attention and scrutiny from traders following the reveal of his trading losses on Hyperliquid. On-chain analysis platform Lookonchain reveals that Tate, with over 10 million followers, made only 27 profitable trades out of a total of 76 on the decentralized exchange focused on perpetual contracts. This translates to a dismal win rate of around 35.53%, and has resulted in losses totaling $583,000. The platform’s analysis underscores Tate’s struggles with perps trading, leading many to question his claims of success.