Overview
- Tate’s most recent BTC-long on Hyperliquid was liquidated on Nov. 18 for about $112,000 as price dipped under roughly $96,000, leaving the account with $984, according to Onchain Lens reporting.
- Arkham Intelligence reports $727,000 in total deposits to Hyperliquid were lost with no withdrawals, along with roughly $75,000 in referral rewards that were also traded away.
- Cumulative losses traced since June are estimated in the $700,000–$750,000 range based on on-chain tracking by Arkham and other analytics outlets.
- Earlier setbacks include nearly $600,000 lost in June, a WLFI liquidation of about $67,500 in September, and a $235,000 BTC-long wiped out on Nov. 14 at 40x leverage.
- The wipeout came during a steep market drop that drove Bitcoin to a seven-month low near $89,393 and triggered over $800 million in forced liquidations across leveraged crypto positions, with Yahoo Finance noting Tate still holds other on-chain assets valued around $218,000.