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Loss of $112,000: How Andrew Tate's fortune changed dramatically after forced liquidation of BTC position
Bitcoin delivered a real financial shock to the well-known internet personality Andrew Tate. According to blockchain data analysis from Onchain Lens, his long position in BTC was liquidated with a loss of $112,000 — a figure that indicates serious issues with risk management or an unsuccessful bet on market volatility.
The result was catastrophic for the trader's portfolio. After liquidation, the account balance dropped to a minimum — only $981 remained. This shows how large the position was and how quickly the market can turn against an open bet.
The former kickboxing champion, who transitioned into a crypto trader, faced the harsh reality of the volatile digital asset market. Tate's case is another reminder that a crypto investor's wealth can change within minutes if the position is insufficiently hedged or if excessive leverage is used.