Analyst: JELLY can clear up to $50 million in HLP for short orders, with a liquidation price of $0.141

律动BlockBeats
律动BlockBeats|Mar 26, 2025 15:21
BlockBeats News: On March 26th, on chain data analyst Yu Jin stated in a post that the JELLY incident will at most destroy the address currently taking over JELLY's empty orders, and will not affect the other two strategic addresses in the HLP vault. There are 50 million funds in the liquidator's address, and the liquidation price of the 398 million JELLY empty orders currently in hand is 0.141 US dollars. And now the price of JELLY is 0.033 US dollars. To 'explode' the liquidator's address, JELLY needs to increase it by more than three times.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads