#JELLYJELLYFuturesAlert

**Whale Dumps $JELLY: $12M HLP Wiped Out in Hyperliquid Delisting Chaos**

A crypto whale triggered a massive sell-off, dumping **$4.85M worth of $JELLY** and causing **$12M in losses** for Hyperliquid’s Hyperliquidity Provider (HLP). Here’s how it went down:

1. **Price Crash** – The whale dumped a huge $JELLY position, crashing the price.

2. **HLP Trapped** – The sudden drop forced HLP into a losing short position.

3. **Short Squeeze** – The whale then bought back $JELLY at a lower price, spiking the price upward.

4. **Hyperliquid Steps In** – The exchange **delisted $JELLY**, closing all positions at **$0.0095**—locking in a **$700K profit** for themselves.

**Why This Matters:**

- **Whale manipulation** can wreck low-cap tokens.

- **Exchanges need stronger safeguards** to protect traders.

- **Always manage risk**—use stop-losses and have an exit plan in volatile markets.

Stay sharp—crypto moves fast, and not always in your favor. �💨