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Hack-Linked Wallet Closes 30,000 ETH Long at $1.106 Million Loss

The position was held for nearly three months and showed almost $16.8 million in unrealized gains at its peak.

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A faceted silver token rises above an empty balance pan / TokenPost.ai (mono)
A faceted silver token rises above an empty balance pan / TokenPost.ai (mono)

An address associated with the UXLINK hack closed a 30,000 Ether (ETH) long at a $1.106 million loss, ending a nearly three-month trade that had reached nearly $16.8 million in unrealized gains at its peak.

On-chain analyst Ai姨 monitored the close. The position was unwound through time-weighted average price (TWAP) trades at an average of $2,135.20 per ETH.

The close follows TokenPost’s earlier coverage of the start of an unwind involving a 30,282 ETH long, part of a broader set of positions valued at about $148 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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