Ex-Kickboxing Champ Andrew Tate Scoops $2M BTC Amid Brutal Crash

Andrew Tate has demonstrated that Bitcoin’s price fluctuations present a significant opportunity. The former kickboxing world champion invested $2 million in the leading cryptocurrency when it was priced at $67,000 per coin. The strategic move came during a notable downturn in the crypto market, as Bitcoin dipped below $70,000 for the first time in 15 months.

Tate labeled the move a strategic dip buy and encouraged his followers to “bookmark this” for future reference. Meanwhile, just hours earlier, he had shared a video in which he predicted Bitcoin would drop to $27,000, sparking immediate controversy over his changed perspective. 

Bitcoin’s Sharp Decline

Bitcoin experienced intense selling pressure today, dropping more than 10% within 24 hours and reaching lows near $62,000 to $63,000. The choice coin had already fallen 44% from its October 2025 peak above $125,500, erasing substantial gains accumulated after the US presidential election. 

Global risk-off sentiment drove much of the sell-off, amplified by volatility in tech stocks, a strengthening U.S. dollar, and geopolitical uncertainties. Leveraged positions were widely liquidated, while Bitcoin exchange-traded funds recorded net outflows, reversing prior institutional inflows. 

The overall cryptocurrency market has lost roughly $2 trillion in capitalization since its peak in October, with no significant crypto-specific events driving this trend. Tate’s acquisition took place while Bitcoin was trading at around $67,000, nearly half its recent all-time high. Since then, the price has continued to fall, trading just above $63,000 at the time of writing.

Community Reaction to Tate’s Bitcoin Buy

Andrew Tate’s announcement quickly attracted over 26,000 likes, 3,400 comments, and 1.9 million views, demonstrating his ongoing influence in crypto discussions. Reactions on X varied significantly, ranging from enthusiasm to sharp criticisms. Many pointed out the apparent discrepancy between his previous prediction of $27,000 and his recent buying declaration.

Many replies mocked him with memes about waiting for even lower prices, such as $49,000, and questioned his trading credibility given past leveraged losses. Some followers mirrored the move by announcing their own purchases, amplifying the signal among his audience. Skeptics point to Andrew Tate’s history of aggressive trading, including significant liquidations on platforms like Hyperliquid in late 2025. 

The post highlighted the significant role that prominent influencers play in shaping retail sentiment during turbulent times, even as ongoing debates question whether their public purchases signal potential market bottoms or draw attention. 

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