Andrew Tate Shorts Kanye West’s YZY, Nears $700K Loss On Hyperliquid

Kickboxing champion and controversial influencer Andrew Tate is among the latest celebrities to dive into Kanye West’s newly launched YZY token — but his bets are already deep in the red.

A wallet address linked to Tate has opened a 3x leveraged short position on the recently launched, West-linked YZY token at $0.85 and is currently sitting on a $16,000 loss on the position.

Tate “doesn’t seem to be good at perps trading,” as his cumulative losses are nearing $700,000 on this single Hyperliquid account, wrote blockchain analytics platform…