Analysis: Identification of Hyperliquid institutional trading wallet triggers privacy game

PANews reported on March 12 that Eye, the on-chain analyst who previously uncovered the "1011 insider whale," posted on X stating that some institutional traders active on the decentralized contract exchange Hyperliquid have shown discomfort after their on-chain trading wallets were identified. Some even proactively contacted relevant on-chain analysts, pressuring them to stop disclosing such information, mainly due to concerns that their losing trades might become known to the public. Eye emphasized that blockchain ledgers are public records, and all related trading data can be traced on-chain.