Andrew Tate on the verge of his 108th liquidation: a new Bitcoin long with 40x leverage
Former kickboxer and controversial crypto influencer Andrew Tate, known by the pseudonym Cobratate, has once again found himself in the spotlight of the trading community. He already has 107 forced position closures to his name, and now he has opened another long contract on Bitcoin with 40x leverage. It seems history is repeating itself, and the 108th liquidation may be only a matter of time.
Details of the New Trade
According to data from an analytical platform, Tate entered a long position of 57.36 BTC with a total value 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 approximately 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 price at the time of analysis is $65,640.00. The position was already in a slight loss: the unrealized loss was -$23,247.72, and the accumulated funding was -$596.54. The total spot balance is $87,238.02, and the margin ratio is 53.97%.
What Happened Next?
Bitcoin continued to decline, and the trader's situation deteriorated sharply. The long position volume decreased from 57.36 to 36.71 BTC, and the position value dropped from $3.76 million to $2,386,657.74. Tate likely 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.
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 surged from 53.97% to 81.18%, indicating a critical risk level.
The dynamics of this trade are entirely consistent with the trader's history: 107 forced closures show that entries with extreme leverage regularly end in liquidation for him.
My analysis: Such actions are a classic example of overtrading, where emotions and the desire to quickly recover losses override rational risk management. With 40x leverage, any minor market movement against the position becomes fatal. Given the current volatility of Bitcoin, the chances of Tate avoiding the 108th liquidation are extremely slim. The market does not forgive neglect of money management.