JellyToken

🚨 Whale Dumps $JELLY: $12M Loss for Hyperliquid & Delisting Drama!
#CryptoNews #JellyToken #Market_Update #whalealert

A whale dumped $4.85M worth of $JELLY, causing a massive $12M loss for Hyperliquid’s HLP (Hyperliquidity Provider). Then, Hyperliquid delisted $JELLY—what happened? Here's the breakdown!

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💥 What Happened with $JELLY?

A whale holding 124.6M $JELLY (worth $4.85M) pulled off a pump-and-dump, hurting Hyperliquid’s HLP with a $12M loss. Here's how it went down:
1️⃣ Whale dumps $JELLY, crashing the price.
2️⃣ HLP gets trapped in a short position, losing big.
3️⃣ Whale buys back cheap, causing a short squeeze.
4️⃣ Hyperliquid delists $JELLY, closing positions at $0.0095 and locking in a $700K profit.

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📌 Key Takeaways:

🔹 Whale Manipulation – Even liquidity providers can get burned by big players.
🔹 Exchange Concerns – Hyperliquid's sudden delisting raises questions about trader protection.
🔹 DYOR (Do Your Own Research) – Low-cap tokens like $JELLY can easily be manipulated.

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👑 Expert Opinion:

"This is a harsh reminder of how risky low-cap tokens can be. Exchanges need better protections to prevent market manipulation—traders shouldn't be left in the dark." – [@Orocryptotrends]

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💬 What Do You Think?

Was Hyperliquid’s delisting fair? Should exchanges take more steps to protect against whale manipulation?
🗨️ Share your thoughts in the comments!

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🎓 Lessons for Traders:

✅ Limit exposure to low-cap tokens with low liquidity.
✅ Watch for unusual volume spikes—they may signal manipulation.
✅ Set stop-losses to protect yourself in volatile markets.
💡 Pro Tip: If a token gets delisted, you could be stuck selling at a bad price—always have an exit plan!

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HyperLiquid Delists JELLY Following 500% Surge and Price Crash

Jelly Jelly Coin News What’s Next After Whale-Induced Price Surge?

✅JELLYJELLY ($JELLYY) was a meme coin that hit the news recently with a 500% price spike and an accusation that it was being manipulated. The incident put the decentralized exchange Hyper liquid at risk of losing $12 million, but the exchange quickly managed to turn a potential disaster into a $703,000 profit. Trading is now suspended, and they have confirmed a total delisting. What is next for JELLYJELLY?

What Happened to#JELLYJELLYFuturesAlert JELLYJELLY on Hyperliquid?

✅As per Hypurrscan, the trouble started when a whale that was holding $124.6M ($4.85M) deliberately manipulated the market price. The trader made a big mess of #Jellly , dumping a nice amount (crashing the market and leaving the HLP with a passive short position of 398M #JellyToken ($15.3M)). After an hour the whale rebought memecoin and pushed the value up 500% in one hour.

If JELLY had hit $0.16, it would've automatically led to the liquidation of Hyperliquid, which stepped up to prevent this With $392M JELLY ($3.72M), the exchange liquidated it at $0.0095, for $703K. After the event was reported, Hyperliquid delisted JELLY JELLY, raising questions about the future of the token.