On-chain analyst Ember says the UXLINK hacker (0xde8d...9524) began using a TWAP tool to close a Hyperliquid long of 30,282 ETH, 550,000 SOL and 35.03m XRP worth about $148m over 16 hours, with completion expected around 6am and a loss of about $3.3m.
UXLINK hacker said to be unwinding $148m long position at a $3.3m loss
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The story so far: UXLINK hacker Hyperliquid long
A hacker suspected of stealing about $40m from UXLINK opened a large ETH long on Hyperliquid. The hacker began unwinding a roughly $148m long via TWAP at a loss. An address linked to the hacker has now closed a 30,000 ETH long at a $1.11m loss.
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UXLINK hacker said to be unwinding $148m long position at a $3.3m loss
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