UXLINK fell nearly 65% overnight, with a current spot-futures price difference of over 15%.

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On September 23, according to market data, the UXLINK contract price on mainstream CEX (0.0935 USD) currently has a 15.7% negative premium compared to the spot price (0.111 USD), with the spot price falling nearly 65% from before the theft incident this morning (0.3 USD). Coinglass data shows that the total liquidation of UXLINK contracts across the network in 12 hours reached 5.53 million USD, ranking eighth in the crypto market, with long orders liquidated at 3.68 million USD and short orders liquidated at 1.85 million USD. Previous reports indicated that UXLINK suffered a loss of over 11 million USD due to an attack. The UXLINK team stated that their multi-signature wallet was attacked and they have contacted the trading platform to freeze suspicious deposits and reported to the authorities to recover the funds.

UXLINK-72.63%
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GateUser-d787c201vip
ยท 3h ago
Just over 1k million dollars, is that considered a loss?
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GateUser-d787c201vip
ยท 3h ago
Just go for it๐Ÿ’ช
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