UXLINK Exploiter Whale Unwinds $148 Million in Crypto Longs on Hyperliquid

A Hyperliquid trader wallet linked to the $42 million UXLINK exploit is systematically unwinding approximately $148 million in leveraged long positions across Ethereum, Solana, and XRP. The selloff is executing via a 16-hour Time-Weighted Average Price order scheduled to conclude by 06:00 GMT on November 10. The portfolio comprises 30,282 ETH worth about $55.46 million, 550,000 SOL with 10x leverage, and 35.03 million XRP valued near $35 million. The move follows broader market declines that eliminated over $5.6 million in unrealized profits, locking in an estimated $3.3 million net loss.