#JELLYJELLYFuturesAlert š Hyperliquid Faces Another Wave of Whale Manipulation šš
A significant event occurred on the Hyperliquid platform involving a whale manipulating the JELLYJELLY market.
The trader executed a $6 million short position, intentionally self-liquidated, causing the HLP vault to absorb a large position and suffer unrealized losses over $10 million.
Hyperliquid quickly reacted to the situation by removing JELLYJELLY from their platform and closing the trade at an advantageous price, transforming a potential huge loss into a $700,000 profit.
šDisclaimer: This is not a financial recommendation, cryptocurrency investments are speculative, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance.
