Key Insights:
- Hacker from the UXLINK crypto hack dumps $11.8M in ETH, ends up with zero profit.
- 5,496 ETH swapped to DAI in a single hour.
- Hack exposes major challenges in tracking stolen crypto.
Crypto hacks usually end up with hackers making millions of dollars in profit. But the UXLINK exploiter seems to be an exception, as he walked away with zero gains despite moving millions in stolen funds.
After stealing millions in digital assets last year, the hacker has now sold $11.8 million in Ethereum. Yet, the scammer has made no gains from it. Although he had made several dumps following the crypto scam, his portfolio continued to suffer losses.
UXLINK Crypto Hack: Millions Moved, But No Profits Made
In an X post today, Arkham Intelligence wrote, “THIS HACKER IS TRADING ETH WITH STOLEN FUNDS… BADLY.” In this tweet, the intelligence platform refers to the Uxlink hacker who has made no profits from multiple sell-offs.
Following the massive crypto hack, the UXLINK hacker has made multiple dumps. The latest sale includes a massive $11.8 million worth of Ethereum.
Reportedly, the attacker swapped 5,496 ETH for DAI in just one hour. It is worth noting that these tokens are linked to the $44 million UXLINK crypto hack that occurred months earlier. This indicates that the hacker continues to move his funds, while tracking the account remains difficult.
In detail, the crypto hacker used a decentralized exchange to convert ETH into DAI. This move is likely to avoid price swings. Such moves are common among crypto hacks and hackers who try to protect the value of stolen funds. This also makes it even more difficult for the authority to track or freeze assets.
UXLINK Crypto Hack Exposes DeFi’s Recovery Challenges
Notably, the UXLINK crypto hack underscores the risks posed by complex smart contracts. The protocol, which helped users move assets across different blockchains, lost around $44 million. This makes the UXLINK event one of the biggest crypto scams of 2025.
Although the investigation team had launched a detailed probe into the crypto scam, they found it difficult to track the funds. Thus, the privacy features that help users have now become a major hurdle for investigators.
The hacker’s ability to hold and now sell part of the assets shows how hard it is to track and recover crypto. Unlike traditional finance, there’s no central authority to reverse transactions. So, projects must rely on tracking wallets, negotiations, or exchange intervention.
For context, the UXLIK crypto hack occurred in September 2025. The crypto scam occurred due to a flaw in a smart contract that the hacker exploited. This has led to the loss of a massive $44 million in digital assets.
Ethereum Price Hovers Above $2K
The latest sell-off of the UXLINK hacker occurs amid the recent rebound in Ethereum price. While the altcoin has experienced volatility over the past few days, it managed to hold the key level today.
As of now, the crypto is valued at $2,142, up 0.4% in the past 24 hours. Although it dipped by 0.32% over the past week, ETH has surged by more than 8% over the past month. This indicates that, despite the overall bearish trend, the Ether token is showing some positive signals.
It is also worth noting that the major ETH sell-off by the UXLINK hacker had little impact on the token’s price.
Source: https://www.thecoinrepublic.com/2026/03/21/crypto-hack-uxlink-hacker-sells-11-8m-in-eth-walks-away-with-zero-gains/
