Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Hyperliquid 50x Leverage Whale Is a Cybercriminal Trading with Stolen Funds - TheDefiant
👀 On-chain researcher ZachXBT has revealed that the mysterious Hyperliquid 50x Leverage Whale is using stolen funds for high-risk trading.
Despite rumors of his ties to North Korean hackers, ZachXBT has denied this version, but confirmed that the trader is acting illegally.
⚡️ Using aggressive leverage, the whale makes large trades in BTC, ETH, and LINK, raising concerns in the crypto community.
❗️ Not only does his activity earn him millions, but it also affects market dynamics, creating risks for other traders.
The whale's big trades:
🟠March 16 — $2.5 million short BTC with 40x leverage
🟠March 3 — $81 million short ETH with 17.6x and 25x leverage
🟠March 14 — $31 million long LINK $12 million on spot
🕯 In just 8 days, the whale made $9.46 million in profit. His aggressive trades shook up the market, and Hyperliquid lost $4 million in one of the liquidations.