Cointelegraph
Cointelegraph|Mar 26, 2025 16:11
🚨ALERT: Another drama hit Hyperliquid as a whale manipulated JELLYJELLY by opening a 6M short, self-liquidating, and forcing the HLP vault to inherit a massive position resulting in over 10M in unrealized losses. Hyperliquid intervened, delisted JELLYJELLY, and force-closed the trade at a favorable price, flipping the situation into a 700K profit.
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