Expected Loss of $3.3 Million, UXLINK Hacker Begins Closing $148 Million Long Positions

Odaily Report: According to monitoring by on-chain analyst Yu Jin, the UXLINK hacker (0xde8d...9524) began using the TWAP tool today to close their long positions on Hyperliquid over a 16-hour period, involving 30,282 ETH, 550,000 SOL, and 35.03 million XRP, with a position value of approximately $148 million. The closure is expected to be fully executed by around 6 AM tomorrow morning, with an estimated loss of $3.3 million after closing.