Hyperliquid 50x Whale Reveal Imminent? Insider Trading or Cybercriminal?

Original Article Title: "Hyperliquid 50x Whale Identity Suspected: X Account Renamed MELANIA -- Is There Really an Insider Connection to Trump? ZachXBT Teases Today's Exposure of Criminal Evidence"

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

The recent topic of discussion in the cryptocurrency community is the "Hyperliquid 50x Leverage Whale," who has garnered widespread attention for their high win rate and substantial profits through high-leverage trading, being dubbed as the "Insider" by the community.

Currently, the true identity of this individual is still unknown, but their recent actions on the 19th have once again stirred up conversations.

Hyperliquid 50x Leverage Whale Renames DeBank Account to MELANIA

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

Of note, on the evening of the 19th, the whale was found to have changed the account name on the Web3 asset query platform DeBank to MELANIA and linked this account to their X account.

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

However, others suggested that the whale might also be engaging in this behavior to pump $MELANIA. Regardless of their true identity, their trading success rate is undeniably high, attracting significant attention to their trades. (Nevertheless, BlockTempo reminds readers that all trading carries risks, and the whale's success rate is not 100%, or there may be undisclosed hedge positions; investors should do their own due diligence.)

Hyperliquid Whale Responds, Denying Criminal Activity

On the other hand, on March 18th, blockchain detective ZachXBT previously indicated that this trader is actually a cybercriminal gambling with illicit funds, not a genuine master trader.

Regarding this accusation, the whale also responded yesterday, posting on the X platform:

“This is a baseless speculation, ZachXBT's accusation is surprising and disappointing.” “They should at least specify what they claim the illicit funds are, or in the worst case, our wallet receives thousands of transactions from scammers every day.”

However, in response to this, ZachXBT also did not back down, stating that he would prove the whale's identity in detail in an article on March 20th at 1:00 PM (UTC):

“We will disclose a detailed article tomorrow at 1:00 PM on X to share information.” “This is not baseless speculation, I will not spread false information.”

The whale has once again changed its name to falllling

What is confusing is that earlier today (20th), the whale made another move, changing its X account name from MELANIA to falllling and deleting all recent tweets from the account. The latest tweet activity dates back to 2015, and a series of actions are quite puzzling.

Is this whale really a cybercriminal? Will ZachXBT disclose the whale's information as promised? BlockTempo will continue to track for you…

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