UXLINK plummets nearly 65% in a single night, currently experiencing over a 15% spot-futures price difference

BlockBeats News, September 23rd, according to market data, the UXLINK perpetual contract price on mainstream CEXs (0.0935 USD) is currently at a 15.7% discount compared to the spot price (0.111 USD). The spot price has dropped by nearly 65% since the early morning of today's theft incident (0.3 USD).

Coinglass data shows that there was a total of 5.53 million USD in forced liquidations in the UXLINK contract trading in the past 12 hours, ranking it eighth in the crypto market. Among them, long liquidations amounted to 3.68 million USD, and short liquidations amounted to 1.85 million USD.

Earlier reports indicated that UXLINK suffered an attack resulting in a loss of over 11 million USD. The UXLINK team stated that a multi-signature wallet was attacked, they have contacted the exchange to freeze suspicious deposits, and have reported the incident to recover the funds.