Hyperliquid Basis donated 10,000 HYPE tokens. it’s worth About $254,000 to blockchain investigator ZachXBT.
In line with ZachXBT, this donation is now his second largest institutional assist donation from a blockchain platform.
ZachXBT confirmed the donation by his Telegram channel on January 18, 2026, and in addition revealed an up to date leaderboard of high donors.
Hyperliquid ranks second, behind Optimism, however forward of different main blockchain initiatives akin to Octant, The White Whale, Arbitrum, BNB Chain, Unipcs, Nouns, CL207, and Excessive Stakes Capital, respectively.
Why did Hyperliquid donate to ZachXBT?
Some see this donation as a symbolic gesture from the DeFi platform to investigators who beforehand uncovered fraud on its community. Nevertheless, neither the Hyperliquid Basis nor ZachXBT have disclosed the precise cause for the donation.
ZachXBT is a pseudonymous blockchain researcher and advisor to the cryptocurrency funding agency Paradigm.
ZachXBT maintains anonymity, depends on neighborhood donations and grants to fund his work, and in addition works on lawsuits.
His investigative strategies embody utilizing strategies akin to deal with clustering to trace the circulation of cryptocurrencies throughout blockchain networks, uncovering hidden connections between wallets and uncovering patterns of fraud.
This investigator has helped monitor down a whole bunch of tens of millions of {dollars} throughout quite a lot of cryptocurrency exploits, and his strategy has established him as probably the most outstanding fraud detectives within the business.
Not too long ago, he put the highlight on an incident that occurred on January tenth. On this case, victims misplaced greater than $282 million value of property. LTC and BTC As reported by Cryptopolitan, it is because of a social engineering rip-off on {hardware} wallets.
In line with ZachXBT, “The attackers started remodeling the stolen knowledge. LTC & BTC Ship to Monero through a number of instants alternate, This can trigger the worth of XMR to rise quickly. BTC It was additionally bridged to Ethereum, Ripple, and Litecoin. noticed chain. ”
Investigators additionally shared the deal with of the theft.
do Zack BXT Are you affiliated with Hyperliquid?
This donation has particular which means given ZachXBT’s analysis work on Hyperliquid’s platform.
In March 2025, ZachXBT uncovered an elaborate rip-off and the identification of the particular person on the heart of the scheme. That particular person occurred to be a well known dealer on Hyperliquid’s decentralized alternate.
The person behind the rip-off was William Parker, a British nationwide with a felony historical past involving fraud and on line casino theft. On the time, ZachXBT’s investigation revealed that Parker’s buying and selling pockets was receiving funds from phishing victims and different doubtlessly illicit sources.
Parker was within the highlight for making about $20 million by extremely leveraged positions in HyperLiquid and GMX, together with questionably timed trades forward of main market bulletins.
Individually, ZachXBT reported a $400,000 exploit involving Hypurr NFTs stolen from compromised wallets on the Hyperliquid community.
He additionally flagged and tracked fraudulent transactions by dangerous actors that occurred on Hyperliquid’s platform, however it’s value noting that his work isn’t restricted to the platform.
