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Andrew Tate Liquidated 8 Times in 16 Hours, Arthur Hayes Buys More ETH: Quick Bits

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The recent market volatility, mostly prompted by the Federal Reserve’s FOMC meeting and the hawkish tone of the new Chairman, liquidated roughly 100,000 traders yesterday, with one of them being the famous social media personality and former boxer, Andrew Tate.

In this quick-bits article, we will also explore Arthur Hayes’ recent bullish pivot toward the second-largest cryptocurrency by market cap.

Tate Wrecked Again

加密土豆 报告 yesterday that Andrew Tate had returned to crypto futures trading. Although his track record was quite painful, as Lookonchain stated he had been liquidated 107 times in the past, he opened a long BTC position. More specifically, his long was for 57.36 BTC (valued at around $3.76 million at the time) and had a liquidation price of $65,216.

As mentioned above, BTC experienced significant volatility before and after the FOMC meeting, which included a few drops below Tate’s wipe-out price. The cryptocurrency dropped further after the hawkish press conference by the new Fed chair, dumping below $64,000 earlier today.

Lookonchain updated that his success rate only worsened, as he was liquidated 8 times in the last 16 hours. He flipped between longs and shorts, but was still wrecked, the analysts said. As of the time of their post, he was left with just $14,219.

Hayes Buys More ETH

In an accumulation piece from yesterday, we informed that Arthur Hayes has turned bullish on ETH, purchasing 1,400 tokens. This came after the intense backlash he faced for shilling and then dumping some popular altcoins, such as HYPE, NEAR, ZEC, and WLD.

This time, though, he hasn’t sold ETH the next day, as some critics claimed below the post. Instead, Lookonchain said he doubled down on his Ethereum bet by buying another 1,500 ETH for $2.63 million. Thus, he has acquired 2,900 ETH (worth over $5 million at current prices) in just a couple of days.

职位 Andrew Tate Liquidated 8 Times in 16 Hours, Arthur Hayes Buys More ETH: Quick Bits 首次出现在 加密土豆.

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