#Gate Initial Listing WLFI# 💥|| Andrew Tate’s $WLFI Gamble Backfires – Loses $67K but Opens New Long !

Former kickboxing champion and controversial influencer Andrew Tate has once again returned to the risky world of cryptocurrency trading. Despite heavy losses, he remains committed to speculative bets on the World Liberty Financial (WLFI) token, a project linked to the Trump family.
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✦ $67K Liquidation on WLFI Long
Tate’s leveraged long position on WLFI was liquidated early Tuesday on decentralized exchange Hyperliquid, costing him $67,500.
Blockchain data platform Lookonchain confirmed the liquidation, noting Tate “immediately” opened another long afterward.
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✦ A Series of Costly Bets
Tate’s WLFI misstep comes just weeks after he lost big on Kanye West’s YZY token, where a 3x leveraged short wiped out significant funds.
Cumulative losses on Tate’s Hyperliquid account are approaching $700,000, reflecting a string of unsuccessful high-risk trades.
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✦ WLFI’s Rocky Debut 📉
WLFI launched Monday with significant hype but quickly plunged 36%, dropping from a peak of $0.331 to $0.210.
The token has since recovered slightly to $0.242, though it remains over 21% down since its launch.
A 24.6 billion token unlock boosted circulating supply and raised the Trump family’s holdings to a massive $5 billion stake.
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✦ WLFI Proposes Buyback & Burn 🔥
In response to the sharp decline, WLFI governance floated a buyback-and-burn proposal.
Plan: allocate 100% of protocol fees from liquidity across Ethereum, BNB Chain, and Solana to repurchase WLFI from the open market and permanently burn them.
This could theoretically reduce circulating supply and support price appreciation — but crucial details (such as exact fee revenues) are missing.
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✦ Investor Sentiment Mixed ⚖️
The proposal is seeing broad community support, but analysts warn that without transparent financial data, its market impact remains uncertain.
WLFI’s ties to politics, speculative hype, and massive supply raises questions about long-term sustainability.
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🚨 Key Takeaway
Andrew Tate’s persistence in backing WLFI — despite steep losses — highlights both the speculative nature of celebrity-driven tokens and the volatility of DeFi trading. With a buyback plan on the table but execution unclear, WLFI remains a high-risk, high-reward bet in today’s crypto landscape.
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