**ZachXBT Reveals Shocking Truth Behind Mysterious Whale on Hyperliquid**

In a jaw-dropping revelation, crypto sleuth ZachXBT has claimed to have unmasked the enigmatic 50x Hyperliquid whale, exposing its true identity as notorious British hacker William Parker. The news has sent shockwaves through the cryptocurrency community, leaving many to wonder how this whale managed to amass an astonishing $20 million in profits from highly leveraged trades on Hyperliquid and GMX.

**A History of Deceit**

Parker's reputation precedes him, with a history of alleged hacking and gambling exploits dating back a decade. He was previously known as Alistair Packover before changing his name to William Parker. In 2023 alone, Parker allegedly stole around $1 million from two casinos, earning him notoriety in the dark web circles.

**The Whale's Reign**

Despite his questionable past, the mysterious whale rose to prominence after executing a series of trades that netted it an astonishing $20 million. This was made possible through highly leveraged trades on decentralized perpetuals exchanges Hyperliquid and GMX, with some positions reaching up to 50x leverage. The whale's success story was marked by several high-profile liquidations, including a notable $200 million Ether (ETH) long that resulted in a $4 million loss for Hyperliquid's liquidity pool.

**The Smoking Gun**

According to ZachXBT, the whale's true identity was revealed after he obtained a phone number from a person who allegedly received payment from the whale trader's wallet address. He also discovered that public wallet addresses associated with the whale trader received proceeds from past onchain phishing schemes. This evidence pointed squarely at William Parker as the mastermind behind the mysterious whale.

**ZachXBT's Warning**

In his X post, ZachXBT expressed his disappointment and concern regarding Parker's continued behavior, stating: "It is abundantly clear WP/AP has not learned his lesson over the years after serving time for fraud and will likely continue gambling." The crypto sleuth warned that this type of activity would only lead to further financial losses and damage to the reputation of cryptocurrency platforms.

**The Aftermath**

While ZachXBT's claims have yet to be independently verified, they have already sent shockwaves through the cryptocurrency community. Hyperliquid has taken steps to revise its collateral rules for traders with open positions in an effort to prevent similar liquidations from occurring in the future. As the story continues to unfold, one thing is clear: the mysterious whale's reign has come to an end, and its true identity will be remembered as a cautionary tale of the dangers of cryptocurrency speculation gone wrong.

**Stay tuned for further updates on this developing story.**