Andrew Tate deposits $1.87 million in HYPE tokens to Binance
Andrew Tate transferred 20,950 HYPE worth $1.87 million to Binance, moving part of a long-term position that netted over $7.2 million in gains.
Andrew Tate has transferred 20,950 HYPE tokens worth approximately $1.87 million to the cryptocurrency exchange Binance, according to on-chain analytics platform Lookonchain.[7][1][2][6]
Tate originally purchased 122,827 HYPE tokens for about $550,000 at an entry price near $4.48 roughly two years ago. Lookonchain reported that the position has produced an estimated total profit of $7.24 million, reflecting a return of 1,317%. Following the deposit, Tate continues to hold 63,550 HYPE valued at around $5.62 million, while Market Insider noted that his total HYPE holdings were worth over $7.7 million.[7][1][3][5][6]
The lucrative buy-and-hold gain stands in sharp contrast to Tate's record in leveraged perpetuals. Commentator wyck highlighted that Tate has been liquidated more than 100 times while trading with leverage on Hyperliquid, suffering over $727,000 in total losses.[4]
Key facts
- Lookonchain reported that Andrew Tate deposited 20,950 HYPE tokens, worth about $1.87 million, into Binance.
- Tate acquired 122,827 HYPE for approximately $550,000 at around $4.48 about two years ago.
- The HYPE holding yielded a total profit of $7.24 million, representing a 1,317% return.
- Tate still retains 63,550 HYPE tokens valued at roughly $5.62 million.
- Market Insider reported that Tate's total HYPE holding was worth over $7.7 million at the time of the transfer.
- Tate has experienced more than 100 liquidations trading with leverage on Hyperliquid, losing over $727,000.
Sources · 7 sources
- BL
BlockNews@blocknewsdotcomPost on X ·
🚨 LATEST: Andrew Tate transferred 20,950 $HYPE worth $1.87 MILLION to Binance, according to Lookonchain. The tokens were reportedly bought at around $4.48 nearly two years ago, with the position generating a $7.24 MILLION profit, or roughly +1,317%. Tate still holds 63,550 HYPE worth about $5.62 MILLION.
Open source - CB
Coin Bureau@coinbureauPost on X ·
🚨LATEST: Andrew Tate just moved $1.87 MILLION worth of $HYPE to Binance. Tate deposited 20,950 HYPE, bought at around $4.48 nearly two years ago. The position has generated a reported $7.24M profit, a +1,317% return. He still holds 63,550 HYPE worth roughly $5.62M, as per lookonchain.
Open source - MI
Market Insider@MrketInsiderPost on X ·
JUST IN: ANDREW TATE DEPOSITED $1.8M IN $HYPE TO BINANCE TODAY HE BOUGHT $550,000 WORTH OF $HYPE 2 YEARS AGO AT $4.48 TODAY IT IS WORTH OVER $7.7M https://t.co/AHHyrAvZ9W
Open source - W�
wyck 📴@wyckoffwebPost on X ·
Andrew Tate has been liquidated more than 100 times trading with leverage on Hyperliquid. He lost over $727,000 doing it. Meanwhile, he bought $550,000 worth of $HYPE at $4.48, mostly left it alone, and that position has now made him about $7.24M. He just moved $1.87M of the HYPE to Binance. All that trading, leverage and getting liquidated. And his best trade was basically buying, holding and doing nothing.
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨ANDREW TATE IS SELLING HYPERLIQUID AT A MASSIVE PROFIT! @Cobratate sent 20,950 hyperliquid:native, about $1.87 million, to Binance today, per @lookonchain. He paid about $550,000 for 122,827 hyperliquid:native around $4.48 two years ago. 63,550 hyperliquid:native is still in the wallet, with a gain of $7.24 million, up 1,317%.
Open source - CP
Crypto Patel@CryptoPatelPost on X ·
ANDREW TATE DEPOSITS $1.87M IN $HYPE TO BINANCE! Andrew Tate (@Cobratate) reportedly deposited 20,950 #HYPE worth $1.87M into #Binance today. He originally bought 122,827 HYPE for $550K at just $4.48 and still holds 63,550 HYPE worth $5.62M. ▶️ Reported Total Profit: $7.24M ▶️ Return: 1,317% Is Andrew Tate taking profits, or preparing for his next move?
Open source - LO
Lookonchain@lookonchainPost on X ·
Andrew Tate(@Cobratate) deposited 20,950 $HYPE ($1.87M) into #Binance today. He bought 122,827 $HYPE ($550K) at just $4.48 ~2 years ago and still holds 63,550 $HYPE ($5.62M). He has made a total profit of $7.24M on $HYPE, with a 1,317% return. https://t.co/WbQgzaMQlb https://t.co/qKSiAYLris
Open source