On February 19, according to the latest monitoring data from well-known on-chain analyst Ai Aunt (@ai_9684xtpa), four addresses linked to the UXLINK hacker incident purchased 5,493.26 ETH within just four hours, with a total value of approximately $10.87 million, averaging $1,979.27 per ETH.

This series of moves has drawn significant industry attention. Currently, the hacker still holds as much as 21.42 million DAI stablecoins, and experts speculate that they may continue asset conversions or further money laundering operations in the market.

Event Background

Since its outbreak, the UXLINK attack has remained a key topic in blockchain security. Hackers exploited vulnerabilities to successfully transfer large amounts of cryptocurrency, and this large-scale ETH purchase is also seen as a critical part of their asset dispersal and laundering strategy.

Market Impact

This major on-chain transaction not only highlights the hacker's potential influence over the market but also reignites discussions around cryptocurrency security and tracking technologies.

  • Hacker activities could impact short-term ETH price fluctuations
  • The importance of on-chain analysis tools is increasingly evident
  • Regulatory bodies may intensify monitoring of suspicious fund flows

As the crypto ecosystem continues to evolve, such incidents also present higher security demands and technical challenges for industry participants.