ZachXBT: "Hyperliquid high-leverage giant whale" may be a scamman William Parker

PANews March 20th news, on-chain detective ZachXBT released an investigation saying that a trader made about $20 million in profits by opening multiple high-leverage positions on Hyperliquid and GMX between January and March 2025, and thus became the focus of market attention.

Key deals:

• 0xe4d3 earned $10 million through 50x leverage large ETH and BTC long positions ahead of Trump's cryptocurrency reserve announcement.

• 0xf3F4 earned $9 million through 40 times leverage large BTC short positions.

The investigation found that the main opponents of 0xf3F4 are related to multiple platforms, including Roobet, Binance, Gamdom, etc. The account has also revealed its $20 million gain on GMX and HL on social platform X.

Further analysis revealed that 0xf3F4 is associated with multiple phishing sites, and part of the funding comes from malicious behavior of exploiting input verification vulnerabilities in casino games. Through traceability, the investigation found that funds eventually flowed to an individual named William Parker (former Alistair Packover), who was arrested for multiple fraud and gambling cases and sentenced in Finland.

Ultimately, the investigation showed that William Parker used its illegal means to add the original six-figure funds to $20 million through high-leverage trading.