Tate's HYPE Trade Brings 1,317% Gain

Andrew Tate's HYPE tokens have been making waves in the crypto world. The entrepreneur deposited 20,950 HYPE tokens worth around $1.87 million into Binance on Friday. These tokens originated from a position of 122,827 HYPE purchased at roughly $4.48 two years ago for about $550,000.

According to Lookonchain's calculations, Tate's spot HYPE holdings have resulted in a staggering gain of $7.24 million, representing a return of 1,317%. However, it is essential to note that the deposit into Binance does not necessarily signify a sale, as it could be for custody or collateral purposes.

The wallet linked to Tate became public due to his own actions in June 2025 when he posted a screenshot boasting of a 138.5% gain on a leveraged ether long, accompanied by his Hyperliquid referral code. This transparency allowed traders to locate the wallet within minutes.