Hyperliquid Donates $254K in HYPE, Becomes ZachXBT’s No. 2 Supporter

TLDR

• The Hyperliquid Foundation donated 10,000 HYPE tokens to blockchain investigator ZachXBT.
• The donation is valued at approximately $254,000 based on current market prices.
• ZachXBT confirmed the donation on January 18, 2026, through his Telegram channel.
• The contribution is now the second-largest single donation ZachXBT has received.
• Optimism remains the top contributor on ZachXBT’s public leaderboard of donors.

Blockchain investigator ZachXBT has received a donation of 10,000 HYPE tokens from the Hyperliquid Foundation, valued at $254,000. The contribution now stands as the second-largest single donation ever made to him, right after Optimism. ZachXBT confirmed the transaction on January 18, 2026, and published a new top contributor list.

Hyperliquid Foundation Donates $254,000 Worth of HYPE Tokens

The Hyperliquid Foundation transferred the 10,000 HYPE tokens directly to ZachXBT’s donation wallet address on January 18, 2026. ZachXBT confirmed the receipt publicly and added the donor to his leaderboard of top contributors. He posted the updated rankings on his Telegram channel the same day.

The investigator thanked the Hyperliquid Foundation and reaffirmed his commitment to transparency in funding. “Thanks to Hyperliquid for the generous donation,” he wrote in the Telegram post. His leaderboard now shows Optimism as the top donor, with Hyperliquid right after.

The foundation’s support comes after previous interactions between ZachXBT and Hyperliquid’s decentralized exchange. In 2025, ZachXBT exposed an elaborate scam involving a high-volume trader active on Hyperliquid. This investigation helped recover funds and reveal the individual’s identity.

Background of ZachXBT’s Work and Hyperliquid-Linked Investigations

In March 2025, ZachXBT identified William Parker as the person behind multiple phishing and fraud scams. Parker had used Hyperliquid to move illicit funds and execute high-risk trades. ZachXBT traced wallet activity that linked Parker to funds from scammed users.

Parker generated about $20 million through leveraged trades on Hyperliquid and GMX. ZachXBT’s investigation uncovered how trades coincided with sensitive market events. He also revealed Parker’s prior criminal history involving casino fraud.

ZachXBT previously reported other cases on the Hyperliquid platform. He tracked a $400,000 exploit involving Hypurr NFTs. That event involved compromised wallets on the network.

He also flagged and tracked suspicious transactions from multiple sources using the platform. However, ZachXBT’s investigations are broader than just one exchange. His reports include findings from many ecosystems and exchanges across the blockchain industry.

Timing Coincides With Recent Record-Breaking Theft Investigation

Just eight days before the donation, ZachXBT published findings on a major crypto theft. On January 10, 2026, he exposed the loss of 2.05 million LTC and 1,459 BTC. The total value exceeded $282 million.

The theft occurred through cold wallet compromise and possible supply chain interference. Hackers converted the stolen crypto into Monero to avoid tracking. This move caused a brief surge in Monero trading volume and price.

ZachXBT followed the flow of the funds through several exchanges. He traced conversion trails and alerted relevant platforms. His work has helped multiple victims recover stolen assets.

The timing of Hyperliquid’s donation closely followed that investigation. The Foundation did not provide a public statement. However, the donation was acknowledged publicly by ZachXBT in his updates.

This contribution joins the list of donations from Optimism, Octant, Arbitrum, and other crypto projects. ZachXBT’s leaderboard now includes Hyperliquid at the second position. He continues to publish details of all top contributors regularly.

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