Andrew Tate Dumps 650 Million $TATE Tokens Despite ‘Diamond Hands’ Vow

Andrew Tate sold his entire 650 million $TATE token airdrop for roughly $23,000, on-chain data shows. The sale contradicts his repeated public pledges to hold, burn, and never sell tokens sent to his wallet. The exit adds to a punishing run for the influencer, who lost about $95,000 on a 40x leveraged Bitcoin (BTC) position in June. Diamond Hands Vow Ends in a $23,000 Exit On-chain tracker WhaleInsider reported that Tates wallet swapped the full allocation through Jupiter for $23,264. The tokens represented roughly 65% of the total supply. JUST IN: Andrew Tate sold his full 65% allocation of the $TATE token, which was airdropped to him, for approximately $23,000. A stake covering two-thirds of the supply cleared for less than $24,000, pointing to almost nonexistent liquidity. The exit also clashes with Tates no-sell persona, a stance he repeated in October and April posts. Sell it for what? Money? lol I dont Jeet. Diamond Hands - Tate wrote in December 2024. During the $DADDY era, he also pointed to his public wallet as proof he had never sold. CHECK MY PUBLIC WALLETIVE BURNT OVER 200,000,000 USD OF COINS AND HELD THE REST.NEVER SOLD ANYTHING EVER.NEVER MADE ANY MONEY.IN IT FOR THE LOLS.DIAMOND HANDS. Some traders noted that Tate reposted the same image he shared before $DADDYs community takeover and rally. They argue the cleared seller overhang leaves room for a rebound. However, past celebrity token crashes show such recoveries rarely hold. The precedent cuts both ways. DADDY peaked at $0.29 in June 2024 and has since lost about 94% of its value, CoinGecko data shows. Daddy Tate (DADDY) Price Performance. Source: Coingecko Experts have repeatedly flagged the risks of celebrity meme coins, citing thin liquidity and concentrated supply. The dump also follows Tates fresh 40x Bitcoin bet, a $3.76 million long that Hyperliquid liquidated eight times in 24 hours. He closed the position at a $95,478 loss. Lookonchain data places his career record at 107 liquidations and roughly $800,000 in cumulative losses. The coming days will show whether the cleared supply revives $TATE or confirms its brief run has already topped.