Wallet linked to UXLINK hack sits on $6.54 million in unrealized ETH gains

A wallet suspected of belonging to the UXLINK hacker is holding a long position of 30,282 ETH, with as much as $6.54 million in unrealized gains. The position was identified by on-chain analyst Yu Jin, who also goes by Ember. It sits on Hyperliquid, a decentralized exchange built for perpetual futures trading. Inside the suspected hacker’s ETH bet The long position is reported at between 30,282 and 30,300 ETH. It was built at an average entry price of $2,134. That gives the position a notional value of roughly $70.25 million. Estimates of the unrealized gains vary, ranging from $5.62 million to $6.54 million as of October 27, 2026. The trading record is not a one-off. The suspected hacker has reportedly made six earlier Ethereum trades on Hyperliquid, realizing $5.71 million in profits from them. How the wallet was tied to the exploit Yu Jin linked the trading wallet to the exploit by tracing overlapping fund movements. The biggest clue was a consolidation of 11.54 million USDC into the wallet that funded the ETH long. The analyst also pointed to shared gas-fee activity connected to known hacker addresses. The wallet has shown consistent trading activity since August 2026, accordin...