Hupzy (Spot On Chain)|10ๆ 27, 2026 08:38
A wallet linked to last year's $๐ฐ๐ฌ๐ UXLINK exploit is running a 30,282 ETH long on Hyperliquid โ $70.25M notional at entry $2,134, currently up $๐ฑ.๐ฒ๐ฎ๐ in unrealized profit. The address was tied to the UXLINK hacker through on-chain fund intersections; they aggregated 11.54M USDC across multiple channels in early August before deploying.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: A $70M ETH long from a wallet connected to a known exploiter cuts both ways โ the position is a significant directional bet that could support ETH momentum if held, but the laundering context adds integrity risk. An 83% win rate across 6 Hyperliquid trades points to sophisticated execution. The key watch is whether size or direction changes; a $70M unwind would be a notable sell event for ETH.
Hypurrscan position: https://hypurrscan.io/address/0xde8d9e530b0528ffa7b1190f862536c055dd9524#perps
source: EmberCN
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