Andrew Tate has been liquidated 108 times trading crypto — roughly 90% of those on Bitcoin long positions — and is now back with another 40x leveraged long. Lookonchain flagged the position: 57.36 BTC, worth about $3.76 million, with a liquidation price pinned at $65,215.87. Spot BTC was trading near $65,500 at the time of the report, leaving roughly $300 of headroom before the trade gets wiped. By the time the piece was published, the original long had already been liquidated, and a new 40x long was reopened at a smaller size.
Why it matters
The trade is the kind of asymmetric-risk setup that a 30-day range-bound market is designed to punish. At 40x leverage, a 2.5% adverse move against the position triggers a full liquidation — meaning a routine intraday wick to $65,200 ends the trade mechanically, regardless of where BTC closes the day. The wider technical picture is unforgiving for that kind of positioning: the $65,000 support level has already given way, leaving the next demand cluster at $63,000–$62,500, with the $71,500–$73,000 band standing as the ceiling for any structural upside.
Market impact
Tate's trade is too small to move spot — the real read is what the leverage says about positioning near a fragile support level. With BTC unable to reclaim $67,000–$69,000, the broader trend remains neutral-to-bearish on shorter timeframes, and 40x longs are effectively betting against a market structure that has yet to give a directional signal. Some bearish analysts are already mapping downside Fibonacci targets as low as $52,000–$45,000 if the $63,000 floor breaks; that scenario would liquidate Tate long before any broader downside trade materialises.
Frequently asked questions
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Could Tate's leverage trade move the BTC market?
No — the position size of ~$3.76M is too small to influence spot BTC. Its relevance is as a retail-positioning signal in a choppy, neutral-to-bearish tape where high-leverage directional bets are trading against the prevailing range structure.
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