An on-chain analyst identified a $70.25 million Ether (ETH) long position on Hyperliquid connected to a wallet involved in last year's $40 million UXLINK theft. The position, covering 30,300 ETH bought at $2,134 each, showed $5.62 million in unrealized gains as of late October 26. The link was established through a funding trail involving shared wallet activity for gas fees and the trader's accumulation of 11.54 million USDC from various sources before opening six ETH positions, five of which were profitable, totaling $5.71 million in gains. This suggests the stolen funds may be actively traded and partially profited from on decentralized platforms.
The story about a $70.25 million Ether long position linked to the UXLINK theft provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 27, 2026 10:01 WIB: out of 50 priced major cryptocurrencies, 34 rose and 14 fell today. Notable movers include ZIL (Zilliqa) at Rp36 with a 1-day change of +6.72% and Pluang order activity of 58% Sell / 42% Buy, CAKE (PancakeSwap) at Rp39,053 with +4.38% and 35% Sell / 65% Buy, and UNI (Uniswap) at Rp128,060 with +4.04% and 37% Sell / 63% Buy.
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