Andrew Tate just showed his hyperliquid trade that was 138.5% profitable to promote his reflink.
He apparently forgot that it was a DEX, so his wallet was quickly found and discovered that he was $600,000 in the red.
Now he has deleted his post…
No comments needed from me 🤭
sui hack is incredible
> dude hacks $200M from main exchange
> sui just bans him from their validator set
> basically dude thought one guy could control a whole chain
> he was right
> but it was a different guy
A possible explanation for this “legendary trader”..
My statistics professor once explained an old scam that people used to run:
They’d pick a set of wealthy addresses, say a 1000, and mail them monthly trade signals. The first month, half would get a “buy stock A” tip, the other half “short stock A.” Whichever side ended up correct would get a new letter the next month. Again split in half, long or short on a different stock.
Repeat this a few times and eventually you’ve got a group of people who’ve received 4–5 “accurate” signals in a row. At that point, you pitch them on an investment product, a managed account, an LP deal or whatever gets them to commit capital. It was never about trading skill, just statistical filtering.
Why does this matter?
Because this could be the same thing in a new wrapper:
> Deploy a few wallets on Hyperliquid
> Hedge positions on a CEX or another wallet (stay delta-neutral)
> Highlight the wallet with insane performance
> Slap on a ref links, shill shitcoins you launched, dump bags on retail
> Profit from the illusion of being some “skilled” trader
And that wallet? Doesn’t even need to belong to a trader. Could be a liquidity provider getting a cut from the operation, or someone fronting a grift to build fake credibility.
Not all PnL is real. Stay safe.
Gen Z’s aversion to sex & alcohol is not “puritanism.” It’s two things—a retreat away from real life into the internet, and a sixth sense that tells them that the free, hedonic times are coming to an end. Older generations are nearly incapable of sensing this
If I had to start learning how to trade from 0
I wouldn't start with technical analysis
I'd start with market microstructure basics
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