#JELLYJELLYFuturesAlert Another scandal shakes Hyperliquid: whales manipulate the JELLYJELLY token, opening a $6 million short position, which results in the liquidation of positions. This forces HLP holders to inherit large positions, creating unrealized losses of over $10 million.

Hyperliquid employees were involved in the process:

- Delisting the JELLYJELLY token,

- Forcing the closure of transactions at profitable prices,

- Turning the situation into a profit of $700 thousand.

In Hyperliquid's statement, it was mentioned that this is a clear exploitation of vulnerabilities, and the team's actions are aimed at protecting the platform's users.