Wallet linked to UXLINK theft holds $71.17 million ETH long position on Hyperliquid
Wu Blockchain: A wallet linked to the UXLINK theft of $40 million last year currently holds an ETH long position worth $71.17 million on Hyperliquid, with unrealized gains of $6.54 million. On-chain data shows the average entry price for this position was $2,134.45. A funding address associated with this position and a known UXLINK hacker address transferred ETH for gas fees to the same wallet on the same day. The trader began trading ETH on Hyperliquid in early August last year after consolidating approximately 11.55 million USDC, with five out of six trades showing profitability.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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