A recent investigation by ZachXBT has revealed the identity of the crypto trader who made $20 million on decentralized platforms.
The Rise of the Hyperliquid Whale
For weeks, the crypto community has speculated about a trader making massive profits with high-leverage positions. This anonymous figure executed several major trades, including a $10 million gain on Ethereum and Bitcoin before a key announcement by Donald Trump, along with a $9 million gain from a Bitcoin short position.
The Investigation Unfolds
Blockchain detective ZachXBT linked these trades to William Parker by identifying a cluster of wallets associated with online gambling and phishing schemes. It was also found that Parker used stolen funds from a casino exploit to finance his high-risk trades.
The Role of High Leverage in Parker’s Strategy
Parker used high leverage, up to 50x, allowing significant profits from minor market moves. He timed his trades before major events, manipulating volatility to his benefit.
With the Hyperliquid Whale’s identity exposed, the question remains: Will authorities take action against Parker given his criminal background?