Andrew Tate's $583,000 losses resemble those of James Wynn, who also traded leveraged perpetual futures on Hyperliquid, who previously amassed $87 million before losing most of it through poorly timed trades, highlighting the severe risks associated with high-leverage trading

Event date

June 12, 2025

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Andrew Tate's risky 25x leveraged ETH trade mirrors James Wynn's costly Hyperliquid collapse, with Tate losing over $583,000.

That last part, promising to make it all back in a single trade, is where the red flags multiply. Analysts warn that any leverage above 10x increases liquidation risk by over 40%, especially in volatile markets.

Andrew Tate is not the only trader whose Hyperliquid activity has drawn attention. Earlier this month, crypto investor James Wynn posted about a $100 million Bitcoin long position that ultimately failed. He later confirmed selling all his HYPE token holdings and criticized the exchange’s referral program, stating:

Tate’s risky leverage puts him at serious risk of liquidation, a reality James Wynn knows all too well. Wynn, who once amassed $87 million in trading gains, saw most of it evaporate in a string of poorly timed trades.

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.

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.

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Week 24 of 2025