UXLINK Hacker Longs 30,300 ETH on Hyperliquid, Booking $5.62M Profit

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A hacker linked to the UXLINK exploit has opened a 30,300 ETH long position on Hyperliquid at $2,134, using on-chain trading signals. The position is valued at $70.25 million and shows a $5.62 million floating profit. The funds originated from an address that transferred 11.54 million USDC in early August. The hacker has executed six ETH trades on Hyperliquid, with five profitable trades totaling $5.71 million, employing a take-profit strategy.

ChainThink reports that on October 27, chain analyst Yujin monitored that the hacker who stole approximately $40 million in assets from UXLINK last year took a long position of 30,300 ETH on Hyperliquid at $2,134 per ETH, with a position value of approximately $70.25 million and a current unrealized profit of $5.62 million.

The funding source address of this position has direct financial ties to the known UXLINK hacker address. A month ago, both addresses consolidated their remaining ETH gas fees into the same wallet on the same day.

In early August, this address aggregated 11.54 million USDC from multiple sources and began trading ETH on Hyperliquid, opening a total of six positions, five of which were profitable, resulting in total profits of $5.71 million.

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