Security· ★★★· neutral·

Wallet tied to $40M UXLINK hack holds $71M ETH long on Hyperliquid

  • —The 30,282 ETH long on Hyperliquid is valued at roughly $71.17 million
  • —Average entry price is $2,134.45, with $6.54 million in unrealized gains
  • —The wallet began trading on Hyperliquid in early August after pooling $11.55 million USDC
  • —Five of the six trades from the wallet were profitable
Why it matters: The case shows how stolen funds keep generating profits on DeFi venues and complicate tracking of illicit capital.
#ETH#USDC
Source: Cryptonews.net
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