超流動性50倍槓桿鯨不是一個精緻的交易者，它是一場網絡犯罪分子，有被盜的資金

鏈上的研究者Zachxbt透露，廣泛討論的“超流利50倍槓桿鯨”不是一個複雜的交易者。實際上，這是一個網絡犯罪分子，魯ck賭博，資金被盜。

On-chain investigator ZachXBT has revealed that the widely-discussed “Hyperliquid 50x leverage whale” is not a sophisticated trader but rather a cybercriminal recklessly gambling with stolen funds.

鍊鍊調查員Zachxbt透露，廣泛討論的“超流利性50倍槓桿鯨”不是一個精緻的交易者，而是一個網絡犯罪分子，魯ck以被盜的資金賭博。

The revelation comes after weeks of traders speculating on the identity and motives of the whale who has been placing trades with up to 50x leverage on the Hyperliquid decentralized exchange.

在交易者猜測鯨魚的身份和動機的數週之後，啟示錄出來，他們一直在超流利分散交易所進行交易，並將其放置在50倍的槓桿上。

Taking to X, formerly Twitter, ZachXBT put paid to rumors linking the address to North Korea’s Lazarus Group, which is linked to several large crypto thefts.

Zachxbt借助X，以前是Twitter，付出了與朝鮮Lazarus集團的地址聯繫起來的謠言，該地址與幾個大型加密盜竊有關。

Instead, he said that the entity is simply a criminal misusing stolen assets in an attempt to generate massive returns through extreme leverage.

取而代之的是，他說，該實體只是濫用盜竊資產的刑事性，試圖通過極端的槓桿產生巨額回報。

Stolen Funds Used For High-Leverage Trading

用於高槓桿交易的被盜資金

The Hyperliquid whale drew attention for its high-risk, high-reward trades, which led independent traders and analysts to scrutinize the legitimacy of the whale’s actions.

誇張的鯨魚因其高風險，高回報的交易引起了人們的關注，這使獨立交易者和分析師仔細檢查了鯨魚行動的合法性。

Further investigations traced the source of the whale’s funds to illicit activities, suggesting a pattern of laundering stolen assets through reckless speculative trading.

進一步的調查將鯨魚資金的來源追溯到非法活動，這表明了通過魯ck的投機交易來洗錢的模式。

Rather than executing calculated market plays, the individual appears to engage in high-stakes gambling, risking significant capital with extreme leverage. This has resulted in considerable volatility and has drawn the interest of traders eager to exploit the situation for profit.

該人似乎沒有執行計算的市場戲劇，而是從事高風險賭博，冒著極端槓桿率的大量資本風險。這導致了相當大的波動性，並吸引了渴望利用這種情況獲利的交易者的興趣。

However, high-leverage trading carries immense risks, especially when fueled by stolen funds. Such activities can lead to significant market disruptions, mainly due to the potential for sudden liquidations to trigger ripple effects across exchanges.

但是，高槓桿交易帶來了巨大的風險，尤其是在被盜資金的推動下。此類活動可能導致嚴重的市場中斷，這主要是由於突然清算觸發跨交易所漣漪效應的潛力。

No Connection To Lazarus Group

與拉撒路集團無關

Despite early speculation, ZachXBT’s findings confirm that the whale’s address has no ties to North Korea’s Lazarus Group.

儘管早期猜測，Zachxbt的發現證實，鯨魚的地址與朝鮮的拉撒路集團沒有聯繫。

The group, known for its sophisticated hacking operations, has been responsible for several cyberattacks and cryptocurrency heists in recent years.

該組織以其複雜的黑客作業而聞名，近年來一直負責幾個網絡攻擊和加密貨幣搶劫案。

The group has frequently laundered funds through complex obfuscation techniques and DeFi platforms. However, the Hyperliquid whale’s trading behavior and financial patterns do not align with their usual methods.

該集團經常通過複雜的混淆技術和Fefi平台洗錢。但是，超流水的鯨魚的交易行為和財務模式與他們通常的方法不符。

Lazarus Group is notorious for its highly coordinated hacking strategies. They often target centralized exchanges and large-scale DeFi protocols like the recent attack on Bybit.

Lazarus Group以其高度協調的黑客策略而臭名昭著。他們經常以集中式交流和大規模的規程為目標，例如最近對BYBIT的攻擊。

Their tactics typically involve multi-stage laundering efforts to obfuscate the origins of stolen funds, making it difficult for investigators to track their movements.

他們的策略通常涉及多階段的洗錢努力，以使被盜資金的起源混淆，這使調查人員很難跟踪他們的運動。

In contrast, the Hyperliquid whale has openly engaged in risky, visible trades that make their activities far less discreet.

相比之下，超流利的鯨魚已經公開從事風險，可見的行業，使他們的活動少得多。

The stark difference has led experts to rule out any ties to the North Korean hacking syndicate. This shifts attention away from geopolitical concerns and toward the broader implications of stolen funds being used for high-risk trading.

鮮明的差異導致專家排除與朝鮮黑客集團的任何联系。這將注意力從地緣政治問題轉移到了用於高危交易的被盜資金的更廣泛含義。

The market remains on edge, with the next move potentially affecting the markets. The whale’s continued activity could lead to further volatility as independent traders attempt to counter its strategies.

市場仍然處於邊緣狀態，下一步行動可能會影響市場。隨著獨立交易者試圖抵制其策略，鯨魚的持續活動可能導致進一步的波動。

Some have even likened the situation to previous coordinated efforts where retail traders tried to push back against dominant market players.

有些人甚至將這種情況比喻為以前的協調努力，零售商交易員試圖反對占主導地位的市場參與者。

With the Hyperliquid whale’s position now in the spotlight, investigators and market participants will be closely monitoring its future trades.

隨著超級流動的鯨魚的地位現在在聚光燈下的地位，調查人員和市場參與者將密切監視其未來交易。