Trader Andrew Tate posted a screenshot showing a +138.5% gain on a leveraged Ethereum trade. But within hours, blockchain data revealed nearly $600,000 in losses tied to his Hyperliquid trading wallet, prompting him to delete the post.
Andrew Tate Posts 138% ETH Long on Hyperliquid, Then Deletes It
On Tuesday, Tate shared a screenshot of an Ethereum long position with 25x leverage on Hyperliquid, a decentralized perpetuals exchange (DEX). The trade showed a mark price of $2,655.3 against an entry at $2,515.9, with an unrealized gain of about $22,000—equivalent to a +138.5% return.
The post included a referral link to Hyperliquid, encouraging followers to join the platform.
Shortly after the post went live, blockchain users traced the trade to a specific wallet address. According to data from Hyperdash, a third-party portfolio tracker that monitors Hyperliquid wallet activity, the address has a cumulative profit and loss (PnL) of –$597,302.89.
While the ETH long trade remains open and in profit, earlier trades tied to the same wallet account for heavy losses. The broader trading history stands in contrast to the snapshot shared publicly.
Following the discovery, Andrew Tate removed his original post from X.
When asked about the losses, he responded: “I’ll make it all back with one trade.”
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Public Blockchain Exposes Full Trading History
Unlike centralized exchanges that shield account identities, Hyperliquid operates on public smart contracts. Every trade is tied to a wallet address visible on-chain. Public wins can be verified—or disproven—through open blockchain records. In Tate’s case, a profitable screenshot wasn’t enough to conceal the cumulative losses that followed him on-chain.
Once Tate shared the screenshot, users matched it to the underlying wallet and accessed the full trading history.
This allowed the crypto community to verify the broader performance behind the single trade.
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:
“I made $34,000 through referrals on their platform. Which is extremely poor considering the number of signups and volume I generated.”
Tate’s deleted post also contained a referral code, suggesting a similar intent to drive signups through his public trades.
Tate’s Ethereum position remains profitable at the time of writing, but his account’s full trading history shows loss. Total realized and unrealized losses stand at nearly $600,000, based on publicly accessible wallet data.
