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Crypto DeFi

PeckShield Flags $45.3M ETH Long Possibly Tied to UXLink Exploit

PeckShield flagged a $45.3 million ETH long position that may be linked to the UXLink exploit, according to a dashboard snapshot showing roughly $44 million in ETH exposure and an unrealized loss of about $652,000. The on-chain monitoring firm’s alert points to a possible connection between the large leveraged position and the UXLink incident.

Original source

AI take

The significance here is less the size of the position than the alleged link between exploit proceeds and an active leveraged trade, which would suggest attacker capital is being recycled into directional exposure rather than simply parked. PeckShield's flag is an attribution based on on-chain patterns, not a confirmed finding, so the claim itself carries uncertainty that matters for anyone reading it as fact. The open question is whether further on-chain tracing corroborates the tie to UXLink and whether the position is adjusted or unwound, which would be the visible signal to watch.

Generated by AI for reference only.

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