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Wallet linked to $40M UXLINK hack holds $6.54M unrealized gains in 30,282 ETH long on Hyperliquid

Technical Signals
27 Oct 2026, 21:48 WIB
Crypto Briefing
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Bearish
Wallet linked to $40M UXLINK hack holds $6.54M unrealized gains in 30,282 ETH long on Hyperliquid

A wallet suspected to belong to the UXLINK hacker holds a long position of about 30,282 ETH on Hyperliquid, a decentralized perpetual futures exchange, with unrealized gains up to $6.54 million. The wallet has made six prior profitable Ethereum trades totaling $5.71 million. The link to the UXLINK exploit, which caused losses estimated at $40 million in 2025, is based on overlapping fund movements and shared gas-fee activity. This case highlights vulnerabilities in multisig wallets and the risks posed by large positions tied to suspected hackers, as closing such positions could impact ETH market prices.

A wallet linked to the UXLINK hack holds unrealized ETH gains of $6.54 million, providing context for readers following this story. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 28, 2026 01:52 WIB: out of 50 major cryptocurrencies, 28 rose and 21 fell. Notable movers include FIL at Rp16.166 with a 1-day change of -2.00% and Pluang order activity showing 42% Sell / 58% Buy, CRV at Rp6.103 with -1.98% change and 1% Sell / 99% Buy activity, and LUNC at Rp0,815 with +1.89% change and 30% Sell / 70% Buy activity. Typical hold times range from 62 to 196 days.

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