NewsSignals AI analysis·X·Oct 27, 2026

Wallet Linked to $40M UXLINK Hack Holds $71.17M ETH Long, Up $6.54M

Grade Abullish AI signal$ETH

A wallet potentially linked to the hacker behind last year’s roughly $40 million UXLINK theft holds a 30,282 ETH long position on Hyperliquid, according to on-chain data. The position has an average entry price of $2,134.45, an approximate value of $71.17 million, and $6.54 million in unrealized gains. A funding address associated with the position and a known UXLINK hacker address both transferred ETH held for gas fees to the same wallet on the same day. The trader began trading ETH on Hyperliquid in early August after consolidating roughly 11.55 million USDC from multiple sources. Five of six trades showed a profit. The funding trail and the position’s size place the wallet’s provenance and ETH liquidation exposure under scrutiny if ETH declines.

Bullish strength: 62/100

A suspected whale holds a 30,282 ETH long position with $6.54 million in unrealized profit
Five of this address's last six trades were profitable, showing strong trading performance

Bearish strength: 38/100

Funds are suspected to be linked to the UXLINK hacker, posing sell-off and regulatory risks
A single large high-leverage position could intensify ETH's short-term volatility

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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