#JELLYJELLYFuturesAlert
Whale Dumps $JELLY – $12M HLP Loss & Hyperliquid Delisting!
A whale dumped $4.85M in $JELLY, triggering a $12M loss for Hyperliquid’s HLP—then Hyperliquid delisted $JELLY. Here’s how it went down:
1️⃣ Whale sells big, crashing the price.
2️⃣ HLP takes a $12M hit, stuck in shorts.
3️⃣ Whale buys back cheap, triggering a squeeze.
4️⃣ Hyperliquid delists $JELLY, closing positions at $0.0095—netting $700K profit for themselves.
📌 Key Takeaways:
🔹 Whale moves can wreck markets.
🔹 Exchanges need better safeguards.
🔹 Low-cap tokens are prime for manipulation.
Was this delisting fair? Drop your thoughts below! 👇