- UXLink exploiter sold 5,496 $ETH for $11.82M in $DAI via CoWSwap at an average price of $2,150, based on Arkham data.
- The trader locked in $935K profit on the $ETH sale but remains near break-even after six months of trading activity.
- The wallet still holds 203 $WBTC worth about $14.2M, currently showing an unrealized loss of approximately $2.68M.
The sale of $11.8 million in Ethereum by the UXLink exploiter has drawn attention, as the trader appears to have gained little despite months of activity. Blockchain data shows a pattern of active trading, yet the overall position remains close to break-even. The latest move adds to a series of transactions that show limited financial progress.
Large ETH Sale Through CoWSwap
The exploiter sold 5,496 ETH for about $11.82 million using CoWSwap. The average sale price was around $2,150 per ETH. The transaction converted the holdings into DAI, a stablecoin linked to the US dollar.
🚨 TODAY: The #UXLINK exploiter sold 5,496 $ETH ($11.82M) at an avg. price of $2,150.
Locking in $935K profit.
They still hold 203 $WBTC ($14.2M) bought at $83,225.
Currently sitting on a $2.68M unrealized loss. pic.twitter.com/j0k6PhiR92
— The Crypto Times (@CryptoTimes_io) March 20, 2026
Arkham data shows that this sale locked in about $935,000 in profit. However, this gain does not reflect the full trading history. The address has been active for about six months, and it has made several trades during this time.
The use of CoWSwap suggests an attempt to reduce slippage and improve execution. Such platforms aggregate liquidity, and they help large trades avoid sharp price swings. Even so, the overall strategy has not produced strong returns.
Months of Trading With Limited Gains
The exploiter has been trading since the initial theft of funds linked to UXLink. Over this period, the wallet has moved assets across different tokens and platforms. Despite this activity, the net result remains modest.
Data shows repeated cycles of losses followed by exits near break-even levels. This pattern suggests a cautious or reactive trading approach. The trader appears to close positions once losses are recovered, rather than holding for larger gains.
Arkham noted that the exploiter “has not made any money” over the full period. While individual trades show profits, these are offset by earlier losses. As a result, the total balance change remains limited.
Bitcoin Position Shows Unrealized Loss
In addition to Ethereum trades, the exploiter holds 203 WBTC. These holdings are valued at about $14.2 million based on current prices. The tokens were acquired at an average price of $83,225.
The #UXLINK exploiter sold 5,496 $ETH($11.82M) at an average price of $2,150 in the past 2 hours, making a $935K profit.
They still hold 203 $WBTC($14.2M) bought at $83,225 on Jan 30, which is now down $2.68M.https://t.co/Z2XwLMtkNQ pic.twitter.com/5Bill6MqnS
— Lookonchain (@lookonchain) March 20, 2026
Current market data places the position at an unrealized loss of about $2.68 million. This loss offsets gains made from the recent ETH sale. It also shows that the overall portfolio is under pressure.
The presence of both realized gains and unrealized losses adds complexity to the trading record. While the ETH sale produced profit, the Bitcoin position reduces the total outcome. The combined effect keeps the portfolio near break-even.
Ongoing Monitoring of Exploiter Activity
Blockchain analysts continue to track the wallet linked to the UXLink exploit. Each transaction is visible on public ledgers, and firms like Arkham provide regular updates. This transparency allows observers to assess trading behavior in real time.
The exploiter still holds a mix of assets, and future trades may change the current position. Market conditions, including price swings in ETH and BTC, will likely affect outcomes. However, past activity shows a pattern of cautious exits.
The case shows that access to large funds does not ensure trading success. Even with millions in assets, the exploiter has not achieved sustained gains. Observers continue to watch for further movements and strategy changes.
