North Korean Hackers Move $30M Through Hyperliquid, Onchain Data Shows

More than $30 million moved through Hyperliquid’s HyperUnit service from addresses linked to the OFAC-sanctioned Lazarus Group, according to an August 31 report by Arkham researcher Emmett Gallic.

Gallic said the activity continued through the day before his report. The reported figure is limited to funds routed through Hyperliquid and does not represent the full value of the identified wallet cluster’s outflows.

Available reporting does not establish that Hyperliquid itself was exploited.

Arkham tracks more than $30M through HyperUnit

Arkham’s reported finding puts a specific platform in the path of funds tied to the North Korean hacking group. HyperUnit was one stage in a sequence of conversions and cross-chain transfers, based on the transaction trail described in subsequent reporting.

The Crypto Times reported that four Lazarus Group outflows identified in Arkham-linked transaction data took place between July 30 and August 28 and totalled more than $52 million at the reported valuations. That total should not be treated as a second estimate of the Hyperliquid flows; the $30 million figure is the amount reported as routed through Hyperliquid during the period.

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