On-chain data analyst Yu Jin pointed out on Wednesday that the recently high-profile Hyperliquid high-leverage whale has changed its account name to “MELANIA” on the DeBank platform and has verified a link to an X account (@qwatio), which is also named “MELANIA”.
Additionally, this whale has written in its DeBank profile, “Melania will flip Trump.” Given that it still holds over five times the long position in MELANIA tokens opened on the decentralized derivatives trading platform Hyperliquid yesterday, this may imply its belief that the market capitalization of MELANIA coins will surpass that of Trump coins.
Related Article: “After Trump’s Wife Issues Meme Coin MELANIA, the $10 Billion Valuation Success Pushes TRUMP Towards the Abyss”
Refuting Criminal Allegations from On-chain Detective
According to a previous report by Zombit, on-chain analyst ZachXBT disclosed yesterday on social media that the so-called Hyperliquid high-leverage whale is merely a cybercriminal in the real world, and that the principal used for trading was stolen from victims. Many netizens have speculated about the identity of the mastermind behind this address, but ZachXBT has never explicitly stated, only “denying” that the address belongs to the North Korean hacking organization Lazarus Group.
However, the whale claiming to be “MELANIA” publicly posted on its X account today, stating that ZachXBT’s allegations are “groundless,” asserting that they were merely victims of dusting attacks from other fraudsters, writing:
Subsequently, ZachXBT replied to “MELANIA,” stating that he would share more details with the community on X tomorrow at 1 PM UTC, and emphasized, “This is not baseless speculation; I will not spread false information.”