#JELLYJELLYFuturesAlert #**🚨 Whale Dumps $JELLY: $12M HLP Loss & Hyperliquid Delisting Drama!**

#JELLYJELLYFuturesAlert

A whale dumped $4.85M in $JELLY, causing a $12M loss for Hyperliquid’s HLP. Then, Hyperliquid delisted $JELLY—what happened? Full breakdown inside.

---

## **💥 What Went Down with $JELLY?**

A crypto whale holding **124.6M $JELLY ($4.85M)** pulled off a brutal **pump-and-dump**, crushing Hyperliquid’s **Hyperliquidity Provider (HLP)** with a **$12M loss**. Here’s how it unfolded:

1️⃣ **Whale dumps $JELLY**, crashing the price.

2️⃣ **HLP gets trapped in a short position**, taking massive losses.

3️⃣ **Whale rebuys cheap**, triggering a short squeeze.

4️⃣ **Hyperliquid suddenly delists $JELLY**, closing all positions at **$0.0095**—locking in a **$700K profit** for themselves.

---

## **📌 Key Takeaways:**

🔹 **Market Manipulation Risk** – Even HLP (liquidity providers) aren’t safe from whale moves.

🔹 **Exchange Vulnerabilities** – Hyperliquid’s sudden delisting raises questions about trader protection.

🔹 **DYOR is Crucial** – Low-cap tokens like $JELLY can be prime targets for manipulation.

---

## **👑 Key Opinion Reaction**

*"This is a brutal reminder of how fragile liquidity can be in low-cap markets. Exchanges need better safeguards against whale manipulation—traders shouldn’t be left holding the bag."* – [@Orocryptotrends