Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Jun 02, 2026 06:53
🚨 The UXLink exploiter is actively laundering stolen funds — swapping 92 WBTC ($6.4M) for ~3,248 ETH and depositing 1.5K ETH into Tornado Cash. UXLink was originally hacked in September 2025 via a multisig compromise, with total losses exceeding $44M. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The WBTC→ETH swap plus immediate Tornado Cash routing signals active cash-out preparation, not idle holding. The attacker is converting to a more liquid asset and mixing it — more tranches from the remaining ~$38M likely follow. For ETH, the selling pressure from this single swap is marginal, but the pattern matters: exploit laundering through Tornado typically precedes exchange deposits via mixer-split wallets. Watch for additional WBTC→ETH swaps or exchange inflows from the exploiter's addresses. ETH — marginal sell overhang from this tranche, but the broader risk is follow-on distributions. No clear support shift from this flow alone. --source: https://x.com/PeckShieldAlert/status/2061700939455906235 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))
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