A mysterious crypto whale who recently made significant profits through highly leveraged trades on futures platforms appears to have been identified by blockchain researcher ZachXBT. The trader, who reportedly made around $20 million in profits, has now been linked to illegal activities that include phishing and online gambling scams. According to ZachXBT, the trader managed highly leveraged positions on platforms like Hyperliquid and GMX between January and March 2025. The whale first attracted attention after two particularly well-timed trades: He made a profit of $10 million by opening a large ETH and BTC long position with 50X leverage just before US President Donald Trump's cryptocurrency reserve announcement. He opened a BTC short position with 40X leverage, resulting in a profit of $9 million. Further blockchain analysis revealed that the trader using the wallet address 0xf3F4 had connections to several cryptocurrency services, including Roobet, Binance, Gamdom, ChangeNOW, Shuffle, Alphapo, BC Game, and Metawin. ZachXBT spotted a message signed by 0xf3F4 for account X, @qwatio, in which the trader claimed to have made $20 million from GMX and Hyperliquid. However, the account showed signs of being recently purchased and had been inactive for years before suddenly reviving. Further analysis linked this wallet to phishing activity, specifically a withdrawal fee recipient on the phishing site in January 2025. The 0x7ab address was flagged as the first Ethereum Virtual Machine (EVM) address used by 0xf3F4, and transaction histories showed it received funds linked to phishing schemes. Related News: JUST IN: Tron Founder Justin Sun Said "Big News is Coming", Finally Reveals What It Is Today Tracing financial sources, ZachXBT discovered that 0x7ab was linked to multiple illegal withdrawals centered around Solana. An inside source for the casino scam confirmed that the funds came from an input validation exploit, further raising concerns about illicit activity tied to the whale’s trading profits. A Telegram search pointed to the trader’s posts in GMX-related groups, further solidifying connections between on-chain activity and the identified individual. Specifically, a payment from 0xe4d3 was traced to a UK-based recipient, revealing a phone number registered to an individual named William Parker. Public records show that William Parker, formerly known as Alistair Packover (William Peckover), has a history of fraudulent activities in the United Kingdom dating back to the early 2010s. Parker was arrested in 2023 for stealing approximately $1 million from two casinos and was later convicted in Finland. Parker apparently used these illegally obtained funds for highly leveraged trades. *This is not investment advice. Continue Reading: Identity of Whale Who Leveraged 50x Leverage to Profit $20 Million in the Last Few Days Revealed
