A trader linked to the UXLINK hack has sold $148 million worth of Ethereum, Solana, and XRP at a loss, triggering price pressure on these cryptocurrencies. The trader used a 16-hour algorithmic sell-off on Hyperliquid after suffering a $3.3 million net loss from leveraged positions. This follows a 2025 exploit of UXLINK's treasury, which caused $42 million in damages. The sell-off highlights ongoing risks from stolen crypto funds impacting market prices.
Ethereum, Solana, and XRP are showing notable declines on Pluang, with ETH down 5.39% at Rp38.314.115, SOL down 3.48% at Rp1.563.764, and XRP down 5.78% at Rp19.832. These price movements align with the sell-off pressure described in the news. The data is current as of Nov 09, 2026 20:23 WIB.
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