The new ASSX fund offers 2x daily exposure to Strive shares, giving traders a leveraged way to bet on the Bitcoin treasury company.
Andrew Tate, founder of the Real World, a company that sells online education courses on trading, lost nearly $100,000 while betting on Bitcoin (BTC) between Wednesday and Thursday.
Key takeaways:
- Tate’s wallet balance drops to $14,000 from $100,000 in a day.
- The social media influencer has lost around $804,000 on Hyperliquid.
Tate’s wallet balance drops to just $14,000
A Hyperliquid wallet reportedly linked to Andrew Tate opened a 57.36 BTC long position on Wednesday, with an entry price near $66,000, according to data resource HyperDash.
The trade was worth about $3.79 million, backed by roughly $100,000 in USDC, implying leverage of around 40x.
Andrew Tate’s filled order history. Source: HyperDash
The position began unwinding on Thursday as Bitcoin fell toward the mid-$64,000 area. Ultimately, the long trade recorded about $68,600 in cumulative realized losses.
The wallet then switched direction, opening a 14.33 BTC short position worth about $1 million at $64,817. That trade was also hit as Bitcoin rebounded, with five short liquidation fills.
BTC/USD daily chart. Source: TradingView
By June 18, the account balance had fallen to around $14,000, thus losing almost the entire deposit.
Tate’s Hyperliquid portfolio is down nearly $804,000
Andrew Tate’s crypto trading issues on Hyperliquid began well before 2026.
For instance, in November 2025, his 40x BTC long position was liquidated for $235,000 on Nov. 14. By Nov. 18, multiple longs near $90,000–$95,000 were wiped out, leaving the account near zero.
Related: Bitcoin to $145K by October? Why this ‘crazy accurate’ 4chan prediction is sketchy
In another instance, Tate lost around $67,500 on World Liberty Financial (WLFI) positions ahead of a token unlock that triggered a sharp drop in September 2025. He re-entered the same trade almost immediately and lost again.
Screenshot of Tate’s WLFI positions from 2025. Source: HyperDash/Lookonchain
As of Friday, Tate’s all-time performance tab showed perpetual futures losses of $803,800, extending a drawdown that began in early 2025 and deepened again after the latest June liquidation streak.
Tate’s profit-and-loss from all perp trades. Source: HyperDash
The trades show how quickly a leveraged account can lose capital in volatile market conditions, even when the underlying asset moves only a few percentage points.
Stockholm, Sweden, June 4th, 2026, Chainwire
Decentralized prediction market platform lets participants launch their own World Cup markets, trade with leverage of up to 2.5x, and earn fees on the markets they create.
With the 2026 FIFA World Cup set to begin on June 11, Premu, a decentralized prediction market platform, is highlighting the feature that distinguishes it from centrally operated venues: any participant can create a market on a World Cup outcome, set it live, and earn a share of the fees generated by trading in that market.
Rather than waiting for a platform to list a contract, participants on Premu can launch a yes-or-no market on questions such as which team advances from a group, who reaches the final, or the result of a single fixture. Markets are created permissionlessly by posting a bond in USDC, and the creator earns a fee on every trade placed in the market. Positions can be traded with leverage of up to 2.5 times using isolated or cross margin, with activity settled on-chain in USDC across the Ethereum, Arbitrum, and Base networks.
The timing coincides with rising interest in prediction markets, which have moved from a niche tool into wider public view over the past year as participants turn to event-based markets for forecasting and information. Major sporting events have historically drawn some of the highest trading activity to these platforms, and the World Cup, a 104-match tournament running through July 19, ranks among the largest such events on the 2026 calendar.
“Sporting events like the World Cup tend to generate questions faster than any central team can list them,” said Chadi Farhat, Chief Technology Officer at Premu. “Allowing participants to create their own markets, and to earn from the activity they bring, means the platform can keep pace with each stage of a tournament as it unfolds.”
Comparisons such as Polymarket vs Kalshi have featured prominently in industry discussion, drawing attention to differences in market structure, regulatory approach, and how markets are listed across centralized and decentralized models. Premu positions itself as a decentralized prediction market in which the market list is defined by participants themselves rather than a central operator, an approach the company says suits fast-moving events where demand can shift between fixtures.
Beyond sports, the platform supports markets across cryptocurrency, politics, culture, technology, economics, and global events, including rapid five-minute markets on the price direction of assets such as Bitcoin, Ethereum, and Solana. Balances are held in on-chain vault contracts that can be independently verified, and deposits and withdrawals are recorded as on-chain events rather than processed through a custodial intermediary.
The Premu platform is available globally through its web application at https://premu.xyz.
About Premu
Premu is a decentralized prediction market platform that enables participants to create and trade markets based on real-world events. The platform combines permissionless, user-created markets with leveraged event trading and on-chain settlement in USDC across the Ethereum, Arbitrum, and Base networks, supporting a range of event categories.
Contact
Mr
Chadi
Premu
team@premu.xyz
