UXLINK Hacker Sells Significant ETH Holdings for DAI

A recent transaction by the UXLINK hacker has sold a significant amount of Ethereum (ETH) for stablecoin DAI, totaling approximately $11.8 million. The sale was made through CoWSwap at an average execution price near $2,150, generating an estimated profit of $935,000, according to blockchain analytics firm Lookonchain.

The exploiter's wallet has continued to rotate funds since the initial breach in September 2025, which resulted in losses exceeding $44 million. The portfolio remains concentrated in DAI and WBTC, with a total value of around $36.65 million, reflecting a marginal 0.18% decline.

A review of historical performance shows repeated drawdowns and recoveries without sustained profitability. The data from Arkham indicates that the exploiter's cumulative losses surpassed $4 million in February 2026 before stabilizing in March.