The address suspected to be related to the UXLINK theft incident holds approximately $44 million in long ETH positions.

A Hyperliquid account potentially linked to the UXLINK exploit holds roughly 20,919 ETH in long exposure worth about $44 million, with an unrealized loss of approximately $652,000, according to PeckShield. The position was entered at an average price of $2,134.45 using 15x cross-margin leverage, putting the estimated liquidation price near $1,630.63. The link is indirect: an intermediary address that transferred 11 million USDC into the trading account had previously interacted with an address tagged as the UXLINK attacker, which does not by itself prove the trader controls the attacker's wallet. The same related addresses have already begun scaling out of long positions in ETH, SOL and XRP that were originally worth about $148 million. Traders will watch whether the remaining ETH long is trimmed further and whether ETH holds above the $1,630 liquidation threshold.