CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
The Defiant 2025-03-18 19:30:50

ZachXBT Identifies Hyperliquid 50x Leverage Whale as Cybercriminal Using Stolen Funds for High-Risk Trading

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

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.