William Parker's Alleged Whale Connection in HyperLiquid: ZachXBT

ZachXBT, a blockchain investigator, has claimed that a trader who managed to accumulate $20 million on HyperLiquid via leveraged trading is likely to be William Parker.

Parker is a convicted fraudster with a criminal background involving hacking and gambling-related offenses.

In an extensive thread on X, ZachXBT detailed how an analysis of on-chain transactions led back to Parker.

The trader supposedly initiated highly leveraged positions on HyperLiquid and GMX between January and March 2025, including a 50x ETH and BTC long right before the Trump crypto reserve announcement and a 40x BTC short, generating close to $20 million in profits.

1/ An investigation into the alleged identity of the mysterious Hyperliquid whale connected to illicit activity that made ~$20M via highly leveraged positions over the past few weeks.

The investigation discovered significant counterparties associated with major platforms, including Binance, Roobet, and Alphapo. A wallet linked to the trader was also found to have obtained funds from a phishing scam and an exploited casino game.

Additional analysis connected these actions to Parker, who was apprehended in Finland in 2023 for embezzling $1 million from casinos.

Parker, previously known as Alistair Packover, has a history of fraud allegations dating back to the early 2010s in the UK.

Despite serving time, ZachXBT implied that Parker has persisted in illicit activities, with the majority of his crypto assets now residing in a monitored wallet.