UXLINK Hacker: Closes $148M Hyperliquid Longs

UXLINK hacker began liquidating $148 million in long positions on Hyperliquid two hours ago, unwinding 30,282 ETH, 550,000 SOL and 35.03 million XRP over the next 16 hours through TWAP execution.

The addresses match prior flows from the August 2026 breach of roughly $40 million in assets from UXLINKofficial; the trader had opened the leveraged longs in early August after consolidating 11.54 million USDC and booked $5.71 million in prior profits before the current unwind.

Price action on the 4h chart shows ETH at $2092.97 testing the lower Bollinger Band support at $2108.89 while the RSI sits at 23.01 in oversold territory and the MACD prints a death cross at -41.53 beneath both the EMA50 at $2251.89 and EMA200 at $2389.96, confirming the bearish structure that likely accelerated the decision to exit the oversized long before further downside pressure materializes.