Analyst Links Ether Trader’s Source-of-Funds Address to UXLINK Hacker Address

On-chain analyst 余烬 said an Ether (ETH) trader’s source-of-funds address overlapped in funds with a wallet tied to UXLINK’s roughly $40 million theft last year, as the trader held a 30,282 ETH long. The long on Hyperliquid opened at $2,134 per ETH. Its reported current value was $70.25 million, with $5.62 million in unrealized gains. The trader consolidated 11.54 million USDC in early August before making six ETH trades on Hyperliquid. Five were profitable, and the trades produced a combined $5.71 million profit. That total covers the six trades; the $5.62 million gain is unrealized on the long position.

Source: TokenPost