Another risky move: Andrew Tate opens a Bitcoin long position with 40x leverage again.
Notorious trader and influencer Andrew Tate, whose track record already includes 107 forced liquidations, has returned to the perpetual contracts market. This time, he opened a long position on Bitcoin with 40x leverage, highlighting his persistent inclination toward extreme risk. Analysts tracking the behavior of major players were the first to detect Cobratate's activity.
According to on-chain monitoring data, Tate entered a long position of 57.36 BTC with a total value of $3.76 million. The estimated liquidation price was $65,215.87. With 40x leverage in cross-margin mode, the margin of safety is minimal: a price movement against the position of just 2.5% completely wipes out the collateral. The entry point was recorded at $66,045.30, the breakeven point at $66,108.6, and the current price at the time of opening was $65,640.00. Even then, the position was slightly in the red: the unrealized loss reached -$23,247.72, and the accumulated funding was -$596.54. The trader's spot balance was $87,238.02, and the margin ratio was 53.97%.
Situation Update: Losses Mount
As Bitcoin's downward movement continued, Tate's position rapidly deteriorated. The long volume decreased from 57.36 to 36.71 BTC, and the position value fell from $3.76 million to $2.39 million — likely due to the trader partially closing 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 dropped to $65,015.00, and 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%, signaling critically high risk. The dynamics fully align with the trader's history: 107 liquidations prove that entries with extreme leverage regularly end in collapse for him. At this point, the position is teetering on the brink of a 108th forced liquidation.
Analyst's Opinion: Such actions are a classic example of how aggressive money management and disregard for risk lead to repeated losses. For a disciplined trader, 40x leverage is not a tool but a gamble, and Tate's statistics only confirm this.