A post by @PeckShieldAlert on X.
#PeckShieldAlert Seems a #UXLink exploiter-linked address holds a $45.3M $ETH long on Hyperliquid.
@PeckShieldAlert on X
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An address linked to the UXLink exploiter is holding a $45.3 million long position on Hyperliquid, consisting of 21,550 ETH entered at an average price of $2,134.45 with 15x cross margin, according to PeckShieldAlert. The address (0xDE8d9...d9524) received 11 million USDC from 0x35Eb7...5D43, which interacted with an address labeled as the UXLink Exploiter on August 28. The connection suggests funds tied to the exploit may be actively deployed in leveraged trading rather than sitting idle, tying the incident to broader on-chain market activity. The 15x leverage cuts both ways, so the position's health and liquidation level are the key figures to watch.
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Named in this story
UXLink, Hyperliquid (HYPE), Ethereum (ETH), PeckShieldAlert
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