超流动性（HYPE）加密交易平台在显微镜下进行多个HOOG杠杆交易

加密交易平台超流动性（HYPE）在显微镜下。比特币（BTC）和以太坊（ETH）的多个HOOG杠杆交易引起了人们的怀疑

Crypto trading platform Hyperliquid (Hype) is under the microscope as multiple high-leverage trades in Bitcoin (BTC) and Ethereum (ETH) have evoked suspicions of possible money laundering activities.

加密交易平台超流动性（HYPE）在显微镜下，因为比特币（BTC）和以太坊（ETH）的多个高杠杆交易引起了人们对可能洗钱活动的怀疑。

Analysts have noticed a pattern of unusually large and frequent leveraged trades that have been performed with almost perfect timing, leading to questions about the origin of the funds and the identity of the traders.

分析师已经注意到了一种非常庞大且频繁的杠杆交易模式，这些模式几乎完美地进行了时机，从而质疑了资金的起源和交易者的身份。

Spotonchain marks high-stakes trades

Spotonchain标志着高风险交易

Blockchain analysis platform Spotonchain reported a series of significant leveraged trades performed on the Hyperliquid platform. According to their analysis, a well-funded trader collected 5.22 million on the platform to open high-lung positions in BTC and ETH.

区块链分析平台SpotonChain报告了在超流动平台上进行的一系列重要杠杆交易。根据他们的分析，一位资金充足的交易员在该平台上收集了522万，以在BTC和ETH中开设高肺职位。

The trader placed an ETH Long position with 50x leverage, with an entry price of 1,884.4 and a liquidation point of 1,838.2. In addition, they opened a BTC long position with 20x lever, with an entry price of 82.003.9 and a liquidation price of 61.182.

交易者以50倍的杠杆率排名第ETH，入口价格为1,884.4，清算点为1,838.2。此外，他们以20倍杆开了一个BTC长位，入口价格为82.003.9，清算价格为61.182。

Spotonchain also revealed that this trader had a history of performing short-term leveraged trades with a 100% win rate. The trader achieved 2.2 million profit in just two days.

SpotonChain还透露，该交易员有100％的获胜率进行短期杠杆交易的历史。交易者在短短两天内就获得了220万利润。

“It is remarkable that in the past 2 days this Whale closed two fast ETH Long positions with a 100% WinRate, which yielded $ 2.2 million profit,” unveiled Spotonchain.

“值得注意的是，在过去的两天中，这条鲸鱼以100％的获胜率关闭了两个快速的ETH长位，获得了220万美元的利润，” Spotonchain宣布。

The consistency of these trades has led to speculation that the activity is not random market speculation. Instead, it tends towards a refined money laundering operation or an insider trading scheme.

这些行业的一致性导致人们猜测这项活动不是随机的市场猜测。取而代之的是，它倾向于进行精致的洗钱业务或内部交易计划。

Ab Kuai Dong, a cryptomarktalist, speculated that the funds in this Hyperliquid trades were used, possibly linked to North Korean hackers. The analyst noted that North Korean cyber criminals are known for testing high-frequency trading strategies on crypto platforms as part of money laundering operations.

加密标准主义者AB Kuai Dong推测，使用了这项超流动交易中的资金，可能与朝鲜黑客有关。分析师指出，作为洗钱业务的一部分，朝鲜网络罪犯以在加密货币平台上测试高频交易策略而闻名。

The analyst suggested that it could be an attempt to clean illegal funds obtained by hacking. This assumption is based on the anonymity and rapid execution of the hyperliquid trades.

分析师建议，可能是试图清洁通过黑客获得的非法资金。此假设基于超流动交易的匿名性和快速执行。

“I am very curious about these large anonymous orders from Hyperliquid. Combined with the earlier news about North Korean hackers who test Hyper Trading, it is possible that these large and frequent 50-fold openings are all gray market funds that money laundering?” stated the analyst.

“我对这些超级流动的这些大型匿名订单感到非常好奇。再加上较早的有关测试超级交易的朝鲜黑客的消息，这些大型且频繁的50倍开口可能都是洗钱的灰色市场资金吗？”分析师说了。

Another analyst, known as AI on X, supported this theory by pointing out earlier research on hyperliquid trades. At the beginning of March, AI reported that three addresses had generated 2.53 million profit via GMX high-leverage trades.

另一位在X上被称为AI的分析师通过指出了对超流动性交易的早期研究来支持该理论。 3月初，AI报告说，三个讲话通过GMX高杠杆交易产生了253万利润。

Gambling or Insider Trading? Experts give their opinion

赌博还是内幕交易？专家发表意见

These addresses were linked to gambling platforms such as Roobet and Alpapo. They also had interaction with Changenow, an exchange that is popular with hackers. AI speculated that traders may not be insiders, but experience gamblers who may use stolen funds to perform risky trades.

这些地址与Roobet和Alpapo等赌博平台有关。他们还与ChangeNow进行了互动，ChangeNow的交流在黑客中很受欢迎。 AI推测交易者可能不是内部人士，而是体验可能使用被盗资金进行风险交易的赌徒。

“Insider or ultimate gambler? It indeed looks more like the latter,” believed the analyst.

“内部人士还是终极赌徒？它的确看起来更像后者。”分析师认为。

Crypto analyst Adolyb, who quoted Coinbase’s Conor Grogan research, provided further proof of possible illegal activities.

引用Coinbase的Conor Grogan Research的加密分析师Adolyb提供了可能的非法活动证明。

“Coinbase people discovered that it is a phishing address with 4 layers of jumps + gambling players,” noticed Adolyb on X.

X上的Adolyb注意到：“ Coinbase的人们发现这是一个网络钓鱼地址，有4层跳跃 +赌博球员。”

According to Grogan, the crypto wallet responsible for some suspicious hyperliquid trades funds of phishing attacks. He described the account as a “Roobet Whale,” which suggests that the trader was often involved in high-stakes gambling on platforms that are historically associated with illegal money flows.

据格罗根（Grogan）称，加密钱包负责一些可疑的超流动性交易，用于网络钓鱼攻击的资金。他将该帐户描述为“ Roobet鲸鱼”，这表明该交易员经常参与与非法资金流有关的平台上的高风险赌博。

Grog noticed that this person had previously liquidated lung positions just for an important market event. According to the analyst, this indicates that their trades were not based on insider knowledge. Stolen funds are used for gambling instead.

格罗格（Grog）注意到，此人以前仅针对重要的市场事件清算了肺部位置。根据分析师的说法，这表明他们的交易不是基于内部知识。被盗资金用于赌博。

The reports have again aroused worries about the use of high-liver trading platforms for illegal financial activities. Although leverage traders enable to increase their positions, it also enables criminals to quickly move and hide large sums of money.

这些报告再次引起了人们对使用高肝交易平台进行非法财务活动的担忧。尽管利用交易者可以提高自己的职位，但它也使罪犯能够快速移动并隐藏大笔资金。

The anonymity offered by decentralized and offshore exchanges makes further attempts to follow and regulate such transactions. It is likely that regulators and blockchain-forensic companies will increase their control over similar activities. This in the midst of increasing evidence that the high-delivery trades of hyperliquid are linked to possible illegal sources.

分散和离岸交易所提供的匿名性进一步尝试跟随和规范此类交易。监管机构和区块链法医公司可能会增加对类似活动的控制。这是在越来越多的证据表明高流动性交付交易与可能的非法来源有关的。

BeInCrypto shows data that the course of hyperliquid’s token has fallen almost 8% since the session started on Wednesday. At the time of writing, hype was traded for 13.35.

Beincrypto显示的数据表明，自周三开幕以来，超流动的代币的过程已下跌了近8％。在撰写本文时，炒作被交易13.35。