Andrew Tate Loses $500K in Crypto Wipeout—Now Doubling Down on Ethereum (ETH)

Andrew Tate just got a half-million-dollar lesson in crypto volatility—and he’s buying the dip. Hard.

The controversial influencer-turned-trader reportedly blew over $500,000 in a single crypto misstep. But instead of retreating, he’s pivoting to Ethereum—betting big on ETH’s next bull run.

From Crash to Conviction

Tate’s pivot mirrors a classic crypto playbook: lose spectacularly, then double down on ‘the next big thing.’ His public embrace of Ethereum comes as institutional interest surges—though skeptics note the timing feels suspiciously like chasing green candles.

The ETH Gamble

While Tate hasn’t disclosed his position size, insiders suggest his new ETH stash could dwarf his earlier losses. Whether this is genius or gambler’s fallacy depends entirely on whether you believe in ‘number go up’ fundamentals—or just influencer FOMO.

One thing’s certain: in crypto, even half-million-dollar mistakes are just marketing for the next trade. *Cue the ‘risk management’ thinkpieces from the same folks selling trading courses.*

Not the Best Win Rate

According to the analytics platform Lookonchain, Andrew Tate (a well-known social media figure and former professional kickboxer) has made a total of 76 trades, and 49 of those resulted in losses. In the aftermath, his win rate stands at around 35.5%, while his operations triggered financial damage of more than $580,000.

Tate now has only one open position. He is long on ethereum (ETH) with 25x leverage, and as of this writing, this brings him a profit of approximately $36,500 (at least on paper). The liquidation price of the position is set at $1,861, representing a 32% decline from ETH’s current price level of around $2,750.

The popular X user Daniel revealed that Tate showed this exact trade (which has current profitability of 138%) “to promote his reflink.” However, the influencer apparently overlooked the fact that Hyperliquid is a decentralized exchange where every wallet is traceable, which is how his other unsuccessful trades were exposed.

Andrew Tate just showed his hyperliquid trade that was 138.5% profitable to promote his reflink.

He apparently forgot that it was a DEX, so his wallet was quickly found and discovered that he was $600,000 in the red.

Now he has deleted his post…

No comments needed from me pic.twitter.com/yxkRyRypax

— Daniel (@CCPool_Daniel) June 10, 2025

Daniel also unveiled that Tate later deleted that post. It is worth mentioning that the former kickboxer replied by saying:

“I’ll make it all back with one trade. Watch this space.”

Tate’s Previous Interaction With Crypto

The popular influencer is no stranger to the world of crypto. Over the years, he has spoken out against the American dollar, instead backing Bitcoin (BTC). 

In 2024, Tate also hopped on the meme coin bandwagon. He endorsed a token called DADDY, which, during its first days of trading, experienced a substantial price increase, with its market cap briefly exploding beyond $120 million. Currently, though, the asset is in a much worse condition.

The valuation is down by around 90% since the all-time high registered in July 2024, whereas the capitalization now stands at a mere $22 million.