Andrew Tate vs. James Wynn: Crypto Lessons from Hyperliquid’s Leverage Trap

Description

According to on-chain data from Lookonchain, the influencer and former kickboxer Andrew Tate lost $583,000. The losses came after placing over 76 trades but managing only 27 wins, which translates to a 35.53% win rate.

Authors

Ann Maria Shibu

Publish date

June 12, 2025

Publisher

BeInCrypto

Web URL

https://beincrypto.com/andrew-tate-james-wynn-leverage-trap-hyperliquid

Referenced by

According to on-chain data from Lookonchain, the influencer and former kickboxer lost $583,000. The losses came after placing over 76 trades but managing only 27 wins, which translates to a 35.53% win rate.

Crypto news

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The collapse triggered questions about risk protocols and even saw Hyperliquid’s native token, HYPE, drop 8.5%. These episodes have prompted Hyperliquid DEX to reduce max leverage levels. Bitcoin’s cap fell from 50x to 40x, and Ethereum from 33x to 25x.

Crypto news

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Tate and Wynn’s incidents are more symbolic than strategic. They show two high-profile traders caught in leverage, which is arguably DeFi’s most treacherous trap.

Crypto news

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