On March 18, 2025, on-chain investigator ZachXBT reported that the so-called 'Hyperliquid 50x leverage whale' is not a legitimate trader but a cybercriminal utilizing stolen funds for high-risk trading. ZachXBT emphasized that there is no connection between this address and North Korean cyber activities, countering previous speculation. The findings have drawn attention within the cryptocurrency community, as the whale's activities involve substantial leverage, raising concerns about the implications for market integrity. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io