UXLINK-Linked Wallet Closes 30,000 ETH Long at $1.106M Loss

An address that on-chain analyst Ai 姨 linked to the UXLINK attacker closed nearly 30,000 Ether (ETH) in a long position, ending the trade with a $1.106 million loss, according to Ai 姨’s on-chain review.

The analyst reported an average exit price of $2,135.20 per ETH and a position value of about $64.66 million at the close. The long had run for nearly three months, and its exit used a time-weighted average price, or TWAP, execution.

What exactly did the wallet close?

The reported loss describes the outcome of the nearly three-month trade, not the amount of ETH involved. The wallet closed nearly 30,000 ETH at an average exit price of $2,135.20 per token, while Ai 姨 valued the closing position at about $64.66 million.

The same trade had produced a floating profit of nearly $16.8 million at its high point. By the time the position was closed, that gain had given way to a $1.106 million loss, turning an earlier mark-to-market profit into a negative final result.

• Position size: Nearly 30,000 ETH in a long position.
• Average exit: $2,135.20 per ETH, using TWAP execution.
• Reported closing value: About $64.66 million.
• Holding period: Nearly three months.
• Outcome: A nearly $16.8 million peak floating profit became a $1.106 million loss.

How did a $16.8 million gain become a loss?

The source does not provide the trade’s entry price, a timeline of fills or the intermediate ETH price path. It supports only the reported sequence: a nearly three-month long reached a floating gain of nearly $16.8 million, then closed at an average $2,135.20 per ETH for a $1.106 million loss.

The reported outcome shows the position was not closed at its peak floating gain. Its final result depended on the entire holding period and the eventual TWAP exit, rather than the wallet’s best observed mark.

The figures also keep two measures separate. Nearly 30,000 ETH and $64.66 million describe position size and reported closing value; nearly $16.8 million and $1.106 million describe the peak floating gain and final result for the same Ether long.

What does TWAP mean for a $64.66 million exit?

TWAP execution means the exit price was averaged over the execution period rather than representing one stated instantaneous fill. On a position valued at about $64.66 million, that method matters because the reported $2,135.20 captures the average outcome of the closing schedule, not one moment’s quoted price.

The use of TWAP provides only a limited view into execution. The source gives no order intervals, counterparty breakdown, slippage estimate or venue, so it does not show how quickly nearly 30,000 ETH exposure was removed or what effect the close had on market prices.

TWAP is designed to distribute an exit over time rather than rely on one fill. That can help manage a large position, although Ai 姨’s observation does not quantify execution quality or establish whether the order altered market prices.

How strong is the UXLINK attribution?

The connection to UXLINK rests on Ai 姨’s on-chain identification. The report does not cite a court filing, law-enforcement document or public admission from the wallet operator, so the address should be treated as analyst-attributed rather than legally established.

The source also does not identify the exchange or derivatives venue, the exact instrument, the wallet’s entry price, or any funding, fee or liquidation terms. Those omissions prevent a complete calculation of the trade’s gross return, but they do not change the figures Ai 姨 reported for size, exit and result.

What should readers watch next?

The next market-structure checkpoint will be further on-chain activity from addresses linked to the UXLINK attacker, which would show whether this $1.106 million-loss exit was isolated or part of a broader reduction in linked ETH exposure.