Andrew Tate is back in the game: 108th liquidation on the horizon after opening a risky 40x leveraged Bitcoin long position.
Former kickboxer and controversial crypto influencer Andrew Tate, known online as Cobratate, has once again drawn the attention of the crypto community. He already has 107 forced liquidations to his name, but that doesn't stop the trader from making another aggressive move. This time, he opened a long position on Bitcoin with 40x leverage, teetering on the brink of a 108th liquidation.
Details of the New Trade: Risk on the Edge
According to data from the analytical service Lookonchain, Tate entered a long position of 57.36 BTC for a total of $3.76 million. The estimated liquidation price is $65,215.87. The 40x leverage in cross-margin mode leaves minimal room for error: a price movement against the position of just 2.5% would completely wipe out the collateral. The entry point is $66,045.30, the breakeven point is $66,108.6, and the current Bitcoin price at the time of opening was $65,640.00. The position was already slightly in the red from the start: the unrealized loss was -$23,247.72, and the accumulated funding was -$596.54. The trader's spot balance is $87,238.02, and the margin ratio is 53.97%, indicating a high level of risk.
Escalation of Losses: From Long to Crisis
Bitcoin continued to decline, and Tate's position sharply deteriorated. The long volume decreased from 57.36 to 36.71 BTC, and the position value dropped from $3.76 million to $2,386,657.74 — likely the trader partially closed the contract in an attempt to salvage capital. The entry point remained the same ($66,045.30), but the breakeven point shifted to $66,116.3. As the price fell to $65,015.00, the loss deepened to -$37,821.88 with accumulated funding of -$665.46. The liquidation price 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 skyrocketed from 53.97% to 81.18%, indicating a critical level of risk.
Analytical Conclusion: Lessons from 107 Liquidations
The dynamics of this trade fully align with the trader's unfortunate track record: 107 forced liquidations prove that entries with extreme leverage regularly end in liquidation for Tate. The repetition of the same pattern — an aggressive long with 40x leverage, minimal room for error, and a subsequent price drop — suggests that even large capital does not save one from market discipline. From my perspective, such actions are not so much trading as they are gambling, where the probability of losing the deposit significantly outweighs the chance of profit. The market does not forgive a disregard for risk management, and the 108th liquidation may only be a matter of time.