Andrew Tate has been labeled as one of the worst traders in crypto, losing over $800,000 on Hyperliquid after being liquidated repeatedly. His high leverage strategy backfired, eroding his deposits despite attempts to recover using referral income.

Tate's trading pattern is marred by volatility, with attempts to recover proving futile. Notable losses include $597,000 in June 2025 and $67,500 on a WLFI token in September. His BTC long also ended in a substantial $235,000 loss.

Notable analysts have criticized Tate's trading methods, with his win rate at a mere 35.5% across over 80 trades. The risks of high leverage trading on platforms like Hyperliquid are highlighted by his failures and those of other traders like James Wynn and 0xa523.

The experiences of Tate and others serve as a cautionary tale about the volatility and risks of decentralized perpetual exchanges, where fortunes can swiftly reverse.