#ILOVE$TRUMP
Another scandal has shaken Hyperliquid: a whale manipulated the JELLYJELLY token, opening a short position worth 6 million dollars, leading to a self-liquidation of the position. This forced the HLP vault to inherit a large position, resulting in unrealized losses exceeding 10 million dollars.
Hyperliquid staff intervened in the process:
- Proceeded to delist the JELLYJELLY token,
- Closed the position forcibly at a favorable price,
- Brought the situation to a profit level of 700 thousand dollars.
In Hyperliquid's statement, they stated that this was a clear exploitation of a vulnerability, and the team's actions aimed to protect the platform's users.Another scandal has shaken Hyperliquid: a whale manipulated the JELLYJELLY token, opening a short position worth 6 million dollars, leading to a self-liquidation of the position. This forced the HLP vault to inherit a large position, resulting in unrealized losses exceeding 10 million dollars.
Hyperliquid staff intervened in the process:
- Proceeded to delist the JELLYJELLY token,
- Closed the position forcibly at a favorable price,
- Brought the situation to a profit level of 700 thousand dollars.
In Hyperliquid's statement, they stated that this was a clear exploitation of a vulnerability, and the team's actions aimed to protect the platform's users.Another scandal has shaken Hyperliquid: a whale manipulated the JELLYJELLY token, opening a short position worth 6 million dollars, leading to a self-liquidation of the position. This forced the HLP vault to inherit a large position, resulting in unrealized losses exceeding 10 million dollars.
