Controversial social media personality Andrew Tate has often touted cryptocurrency as a means of getting wealthy.
However, on-chain data suggests that he isn't particularly good at crypto trading.
Related: What is Crypto? Cryptocurrency explained
Andrew Tate 'doesn't seem to be good' at trading
On Aug. 22, the on-chain analytics platform Lookonchain wrote on X that Tate "doesn't seem to be good at perps trading."
The latest on-chain data shows that Tate has executed 86 trades on the decentralized crypto exchange Hyperliquid so far, and only 33 out of them have been profitable. It means his win ratio is 38.37%.
Andrew Tate bets on tokens linked to Trump, Kanye
Tate has a 3-times-leveraged short position open on YZY, the crypto token launched by the controversial rap artist Kanye West, and is sitting on a profit of around $4,000.
Source: HyperDash The social media personality also has a 5-times-leveraged short position open on the meme coin launched by President Donald Trump's wife, Melania. It's an unrealized loss of around $340.
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In addition, he has opened a 3-times-long position on WLFI, the token linked to the Trump family that recently was made available for trading. The trader is sitting on a loss of around $1,000.
Tate opened the long position in WLFI within hours of suffering a loss of approximately $67,500 on the token, Lookonchain highlighted.
On this Hyperliquid account, Tate has accumulated losses of $671,000 so far.
Source: HyperDash ## Andrew Tate and controversies
Tate is a former professional kickboxer who has gained notoriety for his misogynistic views. He has also been accused of rape and human trafficking in the U.K. and Romania.
Story Continues British-US former professional kickboxer and controversial influencer Andrew Tate (3rd R) and his brother Tristan Tate (2nd R) arrive handcuffed and escorted by police at a courthouse in Bucharest on January 10, 2023 for a court hearing on their appeal against pre-trial detention for alleged human trafficking, rape and forming a criminal group. The controversial personality launched his own meme coin, Daddy Tate (DADDY), in June 2024. He has also promoted tokens like Roost (ROOST), the Germany Token (GER), and F*ck Tristan (FTRISTAN). All of these tokens faced insider trading allegations and have since tanked.
FAQ
Who is Andrew Tate?
Andrew Tate is a British-American former professional kickboxer turned social media personality. He gained fame online for promoting a flashy lifestyle built around wealth, cars, and luxury, but he is also widely criticized for misogynistic views and controversial statements.
Why is Andrew Tate controversial?
Tate has been accused of spreading harmful messages about masculinity and women. He has also faced serious legal charges, including allegations of rape and human trafficking in the U.K. and Romania, which have kept him in the spotlight for negative reasons.
What is Andrew Tate’s connection to crypto?
Andrew Tate often promotes cryptocurrency as a way to get rich quickly. He has launched and backed meme coins such as Daddy Tate (DADDY), and promoted tokens like Roost (ROOST), Germany Token (GER), and F*ck Tristan (FTRISTAN) — all of which later collapsed amid insider trading allegations.
Is Andrew Tate successful at crypto trading?
On-chain data suggests he is not a strong trader. Analytics from Lookonchain show Tate has lost over $671,000 on Hyperliquid trades, with a win rate of only 38.37% across 86 trades.
Who is Tristan Tate?
Tristan Tate is Andrew Tate’s younger brother and frequent collaborator. Like Andrew, he is a former kickboxer and online personality. Both brothers have been linked in legal controversies involving alleged human trafficking and financial misconduct.
This story was originally reported by TheStreet on Sep 2, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
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Andrew Tate is terrible at crypto trading, data shows
Controversial social media personality Andrew Tate has often touted cryptocurrency as a means of getting wealthy.
However, on-chain data suggests that he isn't particularly good at crypto trading.
Related: What is Crypto? Cryptocurrency explained
Andrew Tate 'doesn't seem to be good' at trading
On Aug. 22, the on-chain analytics platform Lookonchain wrote on X that Tate "doesn't seem to be good at perps trading."
The latest on-chain data shows that Tate has executed 86 trades on the decentralized crypto exchange Hyperliquid so far, and only 33 out of them have been profitable. It means his win ratio is 38.37%.
Andrew Tate bets on tokens linked to Trump, Kanye
Tate has a 3-times-leveraged short position open on YZY, the crypto token launched by the controversial rap artist Kanye West, and is sitting on a profit of around $4,000.
Source: HyperDash The social media personality also has a 5-times-leveraged short position open on the meme coin launched by President Donald Trump's wife, Melania. It's an unrealized loss of around $340.
More News:
In addition, he has opened a 3-times-long position on WLFI, the token linked to the Trump family that recently was made available for trading. The trader is sitting on a loss of around $1,000.
Tate opened the long position in WLFI within hours of suffering a loss of approximately $67,500 on the token, Lookonchain highlighted.
On this Hyperliquid account, Tate has accumulated losses of $671,000 so far.
Source: HyperDash ## Andrew Tate and controversies
Tate is a former professional kickboxer who has gained notoriety for his misogynistic views. He has also been accused of rape and human trafficking in the U.K. and Romania.
Story Continues British-US former professional kickboxer and controversial influencer Andrew Tate (3rd R) and his brother Tristan Tate (2nd R) arrive handcuffed and escorted by police at a courthouse in Bucharest on January 10, 2023 for a court hearing on their appeal against pre-trial detention for alleged human trafficking, rape and forming a criminal group. The controversial personality launched his own meme coin, Daddy Tate (DADDY), in June 2024. He has also promoted tokens like Roost (ROOST), the Germany Token (GER), and F*ck Tristan (FTRISTAN). All of these tokens faced insider trading allegations and have since tanked.
FAQ
Who is Andrew Tate?
Andrew Tate is a British-American former professional kickboxer turned social media personality. He gained fame online for promoting a flashy lifestyle built around wealth, cars, and luxury, but he is also widely criticized for misogynistic views and controversial statements.
Why is Andrew Tate controversial?
Tate has been accused of spreading harmful messages about masculinity and women. He has also faced serious legal charges, including allegations of rape and human trafficking in the U.K. and Romania, which have kept him in the spotlight for negative reasons.
What is Andrew Tate’s connection to crypto?
Andrew Tate often promotes cryptocurrency as a way to get rich quickly. He has launched and backed meme coins such as Daddy Tate (DADDY), and promoted tokens like Roost (ROOST), Germany Token (GER), and F*ck Tristan (FTRISTAN) — all of which later collapsed amid insider trading allegations.
Is Andrew Tate successful at crypto trading?
On-chain data suggests he is not a strong trader. Analytics from Lookonchain show Tate has lost over $671,000 on Hyperliquid trades, with a win rate of only 38.37% across 86 trades.
Who is Tristan Tate?
Tristan Tate is Andrew Tate’s younger brother and frequent collaborator. Like Andrew, he is a former kickboxer and online personality. Both brothers have been linked in legal controversies involving alleged human trafficking and financial misconduct.
This story was originally reported by TheStreet on Sep 2, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
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