An investigation by crypto-analyst ZachXBT has unveiled the identity of a trader who allegedly made $20 million on the HyperLiquid platform. The suspect is believed to be William Parker, a convicted fraudster with a history of thefts and fraudulent activities.
Charges Against William Parker
According to ZachXBT, Parker managed to earn around $20 million by leveraging highly efficient trading positions on HyperLiquid and GMX from January to March 2025. He placed 50x long positions on ETH and BTC, as well as a 40x short position on BTC.
Role of Trading Platforms
Key counterparties were identified on major platforms such as Binance, Roobet, and Alphapo. A wallet associated with the trader was found to receive funds from a phishing scam and exploited casino games. Further analysis linked these activities to Parker.
Parker's History and Further Actions
Parker, previously known as Alistair Packover, has a history of fraud charges dating back to the early 2010s in the UK. Despite serving time, he has allegedly continued illicit activities. Most of his crypto assets now sit in a tracked wallet.
ZachXBT's investigation has pointed to William Parker as the potential trader who made $20 million on HyperLiquid. His past crimes and recent activities suggest a continuation of unlawful practices.
