TREE NEWS reports: An address suspected to be linked to the UXLINK attacker (0xDE8d9…d9524) holds about 21,550 ETH in long positions on Hyperliquid, worth roughly $45.3 million, with an average entry price of about $2,134.45 and 15x cross-margin leverage. The address had previously received 11 million USDC from another address (0x35Eb7…5D43), PeckShield data shows.
Address Linked to UXLINK Exploiter Holds $45.3M ETH Long on Hyperliquid
Related Coin Charts
AI take
The notable detail is not the size of the long but the provenance of the capital: an address tied to an exploit is now running 15x cross-margin leverage on a venue that rewards transparency, meaning its positioning is visible to anyone watching. That cuts both ways — it invites scrutiny from exchanges, bridge operators and law enforcement tracing the USDC funding path, while also making the position a public target for anyone who can trade against it. Whether Hyperliquid or stablecoin issuers act on the linkage, and whether the position is held or unwound, is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
45m ago
Bitcoin Enters ‘Pain Zone’ at Largest On-Chain Cost Basis Cluster of $60K-$63K, Glassnode Says
55m ago
OneKey Founder Urges Risk Discipline as Crypto Market Sells Off
1h ago
CRO, ZRO, ARB Lead Next Week’s Token Unlocks; CRO Release Worth $51.4M
2h ago
Bitcoin hashrate hijacked to OCEAN pool, 13 EH/s redirected to attacker address
2h ago
Analyst: Address Labeled ‘Ethereum Foundation Selloff’ Was 2017’s Largest BAT ICO Buyer
2h ago
Trader AguilaTrades Adds 1,000 BTC to 40x Long, Position Hits $131M