Embers: Associated addresses linked to the UXLINK hacker begin closing $148 million in long positions.

on November 9, according to monitoring by Embers, addresses associated with the UXLINK hack began using Time-Weighted Average Price (TWAP) tools to gradually close long positions in ETH, SOL, and XRP on Hyperliquid, with the original positions valued at approximately $148 million.

Embers stated that these long positions include approximately 30,282 ETH, 550,000 SOL, and 35.03 million XRP, which are planned to be fully closed within 16 hours, expecting a total loss of approximately $3.3 million upon completion.