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Andrew Tate has opened a fresh leveraged Bitcoin position at 40 times exposure — a move that comes after racking up 107 prior liquidations, according to reporting by Yahoo Finance.
The bet is less a trade thesis than a stress test of the exchange's risk engine and Tate's remaining capital.
What 40x Actually Means Leverage at 40 times means a price move of roughly 2.5 percent against the position wipes out the entire margin posted.
In perpetual futures markets — the instrument most retail traders use for high-leverage $BTC bets — the exchange's liquidation engine closes the position automatically when margin falls to a maintenance threshold, with no further input from the trader.
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