Andrew Tate is back in the game: the 108th liquidation on the horizon after opening a new Bitcoin long with 40x leverage.
Controversial crypto influencer and former kickboxer Andrew Tate, known by the pseudonym Cobratate, has once again found himself in the spotlight of the trading community. After 107 forced liquidations, he decided to try his luck again, opening a new long contract on Bitcoin with 40x leverage. This time, the bet is 57.36 BTC, worth approximately $3.76 million.
Trade Details: A Fragile Balance on the Brink of Liquidation
Analysts from the Lookonchain platform were the first to record Tate's activity. The position was opened at an average price of $66,045.30, with a breakeven point set at $66,108.6. However, the current Bitcoin price has already dropped to $65,640, resulting in an unrealized loss of -$23,247.72 and negative funding of -$596.54.
The key risk lies in the liquidation level: $65,215.87. Given the 40x leverage, a price movement against the position of just 2.5% would completely wipe out the collateral. At the time of analysis, the margin ratio was 53.97%, and the spot balance was $87,238.02. This means the trader is in an extremely vulnerable position.
Deteriorating Dynamics: From $3.76 Million to $2.39 Million
The situation quickly worsened. Bitcoin continued to decline, and the long volume shrank from 57.36 to 36.71 BTC, with the position value dropping to $2,386,657.74. Tate likely partially closed the contract in an attempt to reduce risks. The entry point remained the same, but the breakeven shifted to $66,116.3.
The price reached $65,015, increasing the loss to -$37,821.88 with accumulated funding of -$665.46. The liquidation level tightened to $64,824.24 — less than 0.3% remained before forced closure. The spot balance halved from $87,238.02 to $36,784.28, and the margin ratio surged to 81.18%, signaling critical risk.
My Analysis: Tate's story is a classic example of how aggressive trading with high leverage turns even large capital into ashes. 107 liquidations are not a coincidence but a pattern. The market does not forgive recklessness, and the current long will likely become the 108th confirmation of this rule. For those following celebrity positions, this is more of a warning than a signal to act.