Hyperliquid Whale Outed as Serial Scammer

The infamous Hyperliquid whale that crypto Twitter has been all but obsessed with over the last month has been unmasked by onchain sleuth ZachXBT as a serial scammer and online gambler known as William Parker.

Parker executed trades across multiple accounts, the first of which was a massive Bitcoin long position he put on the night before U.S. President Donald Trump announced plans to officially create a crypto strategic reserve. Social media quickly painted him as an insider who was close to the White House.

He made waves again last weekend after opening and increasing a 40x leveraged short BTC position that grew as large as $500 million by March 17, inspiring traders on crypto Twitter to band together in an attempt to liquidate him.

The attempt was ultimately unsuccessful, and Parker closed his position with around $9 million in profit, taking his total profitability to roughly $20 million over the last month.

However, it appears that the trader is not a White House insider but rather a repeat criminal using stolen funds to gamble with high leverage.

Following the events, ZachXBT used various tracking methods to hunt down Parker, beginning with William Parker’s X account, which he linked to his Debank profile.

The X account was traced back to another known serial scammer and verified one of Parker’s wallet addresses as the fee receiver for a phishing attack deployed in January, as well as the receiver of exploited funds from an unnamed Solana-based casino.

ZachXBT ultimately zeroed in on a telephone number match that led to William Parker, exposing the person behind the account as a repeat scammer and gambler who was arrested for stealing roughly $1 million from casinos in Finland in 2023.