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Original translation by Luffy, Foresight News Former world boxing champion and billionaire Andrew Tate deposited $727,000 into the cryptocurrency exchange Hyperliquid over the past year without making any withdrawals. After a series of highly leveraged liquidations, his account was wiped out on November 18, and all his funds vanished. According to Arkham’s on-chain ledger records, Tate earned approximately $75,000 in referral commissions by inviting other traders to join the platform, which he then reinvested in his trading positions, ultimately leading to his own liquidation. This incident serves as a prime example of how high leverage, low win rates, and the habit of doubling down can turn a six-figure sum into a public farce, especially when traders publicly share every trade on social media in real time. Tate’s trading activity on…# Analysis# crypto# ethereum# MarketPre
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- Original Author: @weretuna Original Compilation: Peggy, BlockBeats Editor