Address Linked to UXLINK Exploit Sells 248 WBTC

An address linked to the earlier UXLINK exploit sold 248 WBTC, worth about $23.08 million at an average price of $93,023, approximately two hours ago, according to on-chain analytics firm Lookonchain. The same address had acquired 375 WBTC, valued at roughly $33.83 million, about a month earlier at $90,203 per token. Blockchain intelligence platform Arkham Intelligence estimates that the latest sale generated a profit of about $1.06 million for the entity controlling the address.