#JELLYJELLYFuturesAlert 😵 What is happening with JELLY and Hyperliquid? CEX exchanges are engaging in some suspicious practices ⚫️ Whale 0x20e8 shorted JELLY (40% of the supply), then significantly raised the price with a long buying order. ⚫️ Hyperliquid was forced to automatically close the short position at a loss (10-12 million dollars). ⚫️ The community joined the pump campaign, aiming to liquidate Hyperliquid's 240 million dollar portfolio at 0.17 dollars (now around 0.037 dollars). ⚫️ ZachXBT stated that the wallet was funded through Binance - then deleted the post. ⚫️ HYPE dropped by 16%, and the whale's value increased by 8.2 million dollars. ⚫️ Hyperliquid halted JELLY trading after its listing on Binance and OKX. Chaotic? Very much so 😨