UXLINK-linked Hyperliquid whale unwinds $148M portfolio after losses flip

The trader kicked off a 16-hour TWAP sell algorithm on November 9, per U.Today, and it's set to wrap by 06:00 GMT on November 10. As of 15:07 UTC, Ethereum was trading at $2,125, down 5.1% in 24 hours on $15.7 billion in volume. The unwind is already pushing down ETH, SOL and XRP, and it isn't done yet.

Three long positions are on the chopping block. The biggest is 30,282 ETH worth roughly $55.46 million, which gets liquidated if Ethereum slides to $1,740. Next up: 550,000 SOL at 10x leverage, wiped out entirely at a $65.6 price, and 35.03 million XRP worth about $35 million with a liquidation line at $0.94.

It's a sharp fall for a wallet that once ranked as Hyperliquid's most profitable address. The downturn has flipped it to a $3.3 million net loss. The trader had pocketed $5.71 million across five winning trades since dropping $11.54 million USDC into Hyperliquid in August 2026, and held $5.6 million in unrealized Ethereum profit as of late October. That cushion is gone.

The UXLINK connection goes back to September 2025, when attackers hit the Telegram-integrated SocialFi project's multisig setup, draining the treasury and minting new tokens. The exploit and the UXLINK price crash that followed did roughly $42 million in damage. According to EmberCN, the wallet covering this trader's gas fees received ETH from addresses that had earlier taken in stolen UXLINK funds.