Hyperliquid 50x Whale's True Identity to be Revealed? Insider Trading or Cybercriminal?

By: blockbeats|2025/03/20 17:00:04

Original Article Title: "Hyperliquid 50x Whale's True Identity Doubt: X Account Renamed MELANIA - Is there Really a Trump Insider? ZachXBT Teases Today's Exposure of Criminal Evidence"

Original Article Author: Editor Jr., BlockTempo of Dynamic Trends in the Blockchain Field

The recent widely discussed "Hyperliquid 50x Leverage Whale" in the cryptocurrency community, known for its high win rate and massive profits earned through high-leverage trading, has attracted significant attention and was even referred to as the "Insider" by the community.

Currently, the true identity of this individual is still unknown, but their multiple actions yesterday (19th) once again sparked discussions.

Hyperliquid 50x Leverage Whale Renames DeBank Account to MELANIA

According to on-chain data analyst Yu Jin's monitoring, on March 18th, the whale closed a $520 million Bitcoin short position, deposited $500,000 into Hyperliquid, and opened a five-times leveraged long position named MELANIA (MELANIA is an official meme coin launched by former U.S. President Trump's wife).

Of note, last night (19th), the whale was found to have changed the account name on the Web3 asset query platform DeBank to MELANIA and linked that account to their X account.

Hyperliquid 50x Whale's True Identity to be Revealed? Insider Trading or Cybercriminal?

In response, some community members speculate that the whale may indeed be an insider connected to the Trump family, which could explain how they have been able to profit multiple times through high-leverage trades on Hyperliquid.

However, others suggest that the whale may also be pumping $MELANIA through this action. After all, regardless of their true identity, their success rate in trading is indeed very high, attracting many people to closely follow their trades. (Nevertheless, BlockTempo reminds readers that all actions involve risks, the whale's success rate is not 100%, and there may be hedging positions unknown to you. Investors should do their own research.)

Hyperliquid Whale Responds, Denying Being a Criminal

On the other hand, on-chain detective ZachXBT previously pointed out on March 18 that this trader is actually a cybercriminal who used stolen funds for high-stakes gambling, rather than a genuine master trader.

In response to this accusation, the whale also responded yesterday, posting on the X platform:

"This is baseless speculation, and ZachXBT's accusation is surprising and disappointing."

"They should at least specify what they mean by stolen funds, or in the worst case, our wallet receives thousands of transactions from scammers every day."

However, in response to this, ZachXBT also asserted confidently that he would prove the whale's identity in detail in an article on March 20 at 1 p.m. (UTC):

"We will disclose detailed information on X tomorrow afternoon at 1 o'clock."

"This is not baseless speculation, and I will not spread false information."

The whale once again changed their name to falllling

What is confusing is that earlier today (20), the whale once again made a move by changing their X account name from MELANIA to falllling, and deleted all recent tweets from the account. The latest tweet is timestamped back in 2015, creating a series of puzzling actions.

Is this whale truly a cybercriminal? Will ZachXBT publish the whale's information as promised? Blocktempo will continue to track for you...

Original Article Link

The era of AI hype has transitioned into an era of utility. As we move through Q2 2026, the market is no longer rewarding "narrative-only" projects. At WEEX Research, we are seeing a massive capital rotation into Decentralized Compute (DePIN) and Autonomous Agent coordination layers. This guide analyzes which AI tokens are capturing institutional liquidity and how to spot high-conviction setups in a maturing market.

Consumer-grade Crypto Global Survey: Users, Revenue, and Track Distribution

The number of active users of consumer-grade encryption has long reached tens of millions, but it is not in the sight of Silicon Valley and New York.

Prediction Markets Under Bias

Why do authoritative narratives always exclude prediction markets?

Stolen: $290 million, Three Parties Refusing to Acknowledge, Who Should Foot the Bill for the KelpDAO Incident Resolution?

The most dangerous scenario right now is that if ETH suddenly drops, Aave's bad debt could snowball even further.

ASTEROID Pumped 10,000x in Three Days, Is Meme Season Back on Ethereum?

「Space Dog」 Triggers ETH Mainnet Price Surge, Sparking SOL Community Anxiety

ChainCatcher Hong Kong Themed Forum Highlights: Decoding the Growth Engine Under the Integration of Crypto Assets and Smart Economy

The guests unanimously agreed that the understanding of Crypto value is shifting from "issuing tokens for the sake of issuing tokens" to pursuing sustainable business models, with a greater focus on capital efficiency, low costs, and 24-hour settlement, among other practical values.

Why can this institution still grow by 150% when the scale of leading crypto VCs has shrunk significantly?

The merger of the two major payment companies, Bridge and BVNK, establishes their industry position and revenue scale.

Anthropic's $1 trillion, compared to DeepSeek's $100 billion

The capital market has no faith, it only believes in the profit and loss statement.

Geopolitical Risk Persists, Is Bitcoin Becoming a Key Barometer?

Liquidity Still Unleashed, Which Force Will Dictate Pricing