UXLINK Hacker-Linked Address Closes 30,000 ETH Long at $1.1M Loss

The detail that matters here is not the loss but the round trip: an unrealized gain of nearly $16.8 million was surrendered to close at a seven-figure deficit, which is a leverage and exit-execution story rather than a directional one. The TWAP unwind of a position this size also hints at how large, unattended crypto books get cleared once conviction or collateral runs out. Whether the address is genuinely the hacker's or merely tagged as linked is the open question, and it shapes whether this reads as stolen funds under pressure or as a mislabeled wallet. Watch for any movement of the remaining balance.