Another Hyperliquid liquidation, this time after a fresh 40x BTC long
Protos reports that alleged human trafficker Andrew Tate has now been liquidated 108 times on the decentralized perpetual futures exchange Hyperliquid. The desk points to crypto analyst Lookonchain, which said Tate opened another 40x LONG bitcoin (BTC) position worth $3.75 million.
According to Protos and Lookonchain’s figures, the long was set to liquidate at $65,215. BTC slipped to about $64,500 today. The result was a liquidation of that leveraged long.
Protos adds that Tate then opened a new 40x SHORT BTC position. At the time of publication, Protos says this short was down about $9,400 and was set to liquidate when BTC hits $66,052.
Lookonchain’s broader tally cited by Protos also claims the trader had already been liquidated 107 times before this new long, putting the episode in the same long downward sequence that began in December last year.
Hyperliquid position snapshot
| Item | What Protos reports | Key levels from Lookonchain (via Protos) |
|---|---|---|
| 40x BTC LONG | $3.75 million position opened | Liquidation set at $65,215. BTC fell to ~$64,500, triggering liquidation |
| 40x BTC SHORT | New position opened after liquidation | Set to liquidate at $66,052. Position down ~$9,400 at time of writing |
| Liquidations on Hyperliquid | Tate reportedly liquidated 108 times | Downward streak since December last year |
Romania expands the case tied to webcam operations
Protos shifts from derivatives mechanics to court exposure. Romanian prosecutors, the outlet reports, announced fresh investigations into Tate, who is already charged in Romania with human trafficking, rape, sexual intercourse with a minor, and forming a criminal gang focused on sexually exploiting women.
The new allegations Protos cites involve a Romanian woman who claims Tate trafficked her into his pornographic webcam operations in 2017. Prosecutors allege he used “emotional blackmail” and misleading relationship promises to coerce her into the business.
Protos says prosecutors describe the woman as lacking family support or material resources and as having suffered psychological trauma, framing that vulnerability as part of how the coercion worked.
Charges in Romania, extradition still gated by proceedings
Protos also reports that a UK court has charged the brothers with 21 similar offences, including human trafficking, rape, and bodily harm.
But extradition is not automatic. Protos notes they can only be extradited to the UK once the Romanian proceedings conclude. That means Romania keeps the procedural floor for now, even as multiple jurisdictions stack accusations.
The practical takeaway here is not just legal risk. Protos’ recap places Tate under repeated scrutiny across claims and courts. Separately, it shows the other kind of risk that matters in crypto. Highly leveraged positions on perpetuals can be wiped out when spot price moves through liquidation thresholds, and Protos frames that with a specific liquidation count and recent position levels.
What this means beyond the headline
Hyperliquid liquidation numbers do not prove anything about the alleged criminal conduct. They do show how quickly leverage can force exits when BTC moves, even for traders who keep returning to oversized bets.
Meanwhile, the Romanian expansion is not a vague “new interest” story. Protos reports concrete additions tied to a specific alleged victim account of 2017 webcam trafficking, including how prosecutors say coercion allegedly worked.
For readers tracking both crypto and enforcement angles, Protos’ two-thread reporting maps a familiar collision. Legal exposure grows through filings and investigations, while crypto positions—especially 40x perps—can flip from open to liquidated on an intraday price move.