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Andrew Tate briefly took on 25X leverage to trade ether (ETH), bragged about it, got liquidated, and quickly deleted his post in embarrassment. Entering a leveraged long position at $2,515.90 per ETH immediately prior to a slight dip in price, his margined trade quickly incinerated hundreds of thousands of dollars.  Initially, Tate bragged about his entry, posting his Hyperliquid referral code “TOPGTOPSTRIKER” by which he would earn fees. At the time of posting, one of his trades was up 138% in temporary, deceptively unrealized profit. Soon, viewers watched his wallet’s combined profit and loss (PnL) crash to $597,000 in losses . Along the way to his near-total loss, Tate deleted his earlier, self-congratulatory post. i too would shill my ref link if i was down 600k pic.twitter.com/Rv6lDmQlxb — 0xCoochie (@ColonelCoochi3) June 9, 2025 Read more: Andrew Tate struggles to pump memecoin amid Florida criminal inquiry Despite his verifiable activities o...

One of the wallets behind the $33 million “rugging” of ZKasino has lost over $27 million while leverage trading on Hyperliquid, despite investors still waiting to be paid back. According to X user @SigmaSquared, the wallet placed a 20x leverage trade on the price of ether (ETH) that would liquidate if it fell to $1,745. On Sunday, it duly did.  The wallet was involved in the likely rug pull of ZKasino back in April 2024. ZKasino is a decentralized gambling platform that convinced investors to invest their ETH into its “bridge-to-earn” program.  Update: Zkcasino rugger got liquidated on his ETH position and lost 27M$ on hyperliquid perps If you're a creditor i am sorry for you https://t.co/oluOSflgI0 pic.twitter.com/yzuvMlphzo — sigma^2 (@SigmaSquared_) April 7, 2025 Read more: ZKasino $30M ‘favor’ to users — seamless transition or rug pull? These investors were then unexpectedly told that these funds would be converted into its token ZKAS and...