#币安合约将上线JELLYJELLY
The attacker opened a short position on Jelly Jelly on Hyperliquid while simultaneously dumping a large amount of spot assets from another address to drive down the price, allowing the short position to gain unrealized profits.
Subsequently, the attacker withdrew the margin, triggering a liquidation, and transferred the position to Hyperliquid's treasury (HLP) for management.
After HLP took over the short position, the attacker began to drive up the price of Jelly Jelly, attempting to force HLP's short position to liquidate, exhausting the treasury's funds.