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A certain address suffered a floating loss of $925,000 due to the UXLINK token issuance event
2025-09-23 09:51

According to on-chain analyst Ai Yi, the address (0 x 4 f 3...510 a 1) spent 273 ETH early this morning to purchase Arbitrum Network's UXLINK tokens at an average price of $0.03283, totaling approximately $927,000. Due to the subsequent malicious issuance of additional tokens by hackers, the price of the token plummeted to near zero, resulting in a floating loss of $925,000, a loss of nearly 99.8%.