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Andrew Tate’s Perpetual Trading Struggles Exposed on Hyperliquid: Only 35.53% Win-rate?

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It looks like Andrew Tate (@Cobratate) is experiencing some problems again with his continued futures trading on Hyperliquid. 

He has made 76 transactions on the platform but only made 27 successful ones, which makes the win rate 35.53%. His trading overall has yielded a net loss of $583,000, a cautionary tale around the risks of high-leverage tactics.

Current Position and Failed Flex

Currently, Andrew Tate is currently 25x long on Ethereum (ETH). Trading on such high leverage amplifies both potential gains and losses, and his track record indicates that downsides have predominated. 

Just the other day (literally), Andrew Tate posted a tweet promoting a 138% increase in Hyperliquid, possibly to pump his referral code. 

However, savvy traders quickly noted that Hyperliquid is a decentralized exchange (DEX) where referral tracking operates differently than on centralized platforms.

Tracing Andrew Tate’s Wallet Shows Loss

Instead of focusing on profits, on-chain viewers found out that Andrew Tate had lost around 600,000 dollars in his wallet. 

His tweet claiming excessive returns was quickly deleted soon after the losses were reported. This episode is a warning that it is best not to broadcast trading success, only to have it reflected back to shame when on-chain transparency reveals the actual results.

Leverage and Transparency Lessons

The incident with Andrew Tate prominently displays the risks associated with the high leverage in trading, when the movements of the market can eliminate large chunks of capital. 

It also demonstrates the strength of blockchain transparency: the flows of wallets can be audited by anyone, and performance can be checked. 

With perpetual futures set to keep rising in prominence, the saga of Andrew Tate might encourage other traders to treat leverage and boasting on social media with a little more caution, now knowing that the blockchain does not forget.

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