UXLINK Hacker Begins Closing $148 Million Long Position, Expected to Lose $3.3 Million

November 9: According to monitoring by Ember (Yu Jin), the UXLINK hacker has begun closing a $148 million long position on Hyperliquid, including 30,282 ETH, 550,000 SOL and 35.03 million XRP.

The UXLINK hacker opened long positions in ETH, SOL and XRP on Hyperliquid in August, worth about $148 million. Two hours ago, the hacker began using the TWAP tool to close all the long positions over 16 hours. Execution is expected to be fully completed around 6 a.m. tomorrow, and the hacker is expected to lose about $3.3 million once all positions are closed.