The Revelation of a High-Risk Trader on Hyperliquid
Blockchain investigator ZachXBT recently uncovered the identity of a trader engaging in high-risk trades on Hyperliquid. The trader, allegedly known as William Parker, a UK citizen with a history of financial crimes, caught the attention of the market with aggressive leveraged trades between January and March.
Trader’s Alleged Activities
- William Parker executed aggressive leveraged trades on Hyperliquid, claiming nearly $20 million in profits.
- He operates under the X handle @qwatio and the alias MELANIA.
- Parker was accused of engaging in cybercriminal activities by ZachXBT.
- He denied the accusations and refuted claims of funding trades with stolen assets.
Unveiling Illicit Links through Digital Trails
ZachXBT’s investigation delved into Parker’s blockchain activities across major platforms like Binance, Roobet, and Alphapo. The analysis revealed potential signs of fraudulent behavior, including:
Signs of Fraudulent Behavior
- Parker’s X account likely being purchased due to recent name changes, prolonged inactivity, and age.
- His association with accounts linked to phishing scams, such as CryptxxCatalyst.
- Manipulation of a casino game and targeting of phishing victims in January 2025.
- Receiving funds from scams and being flagged as a drainer fee receiver in another exploit.
- Withdrawals from Solana-based casinos linked to his Telegram details.
- A recent transaction from a wallet tied to a UK phone number registered under William Parker.
Parker’s criminal history dates back over a decade, with convictions for financial crimes in Finland and the UK. Despite past legal issues, he continues to engage in high-risk trading activities, garnering attention for his significant holdings in digital assets.
