#JELLYJELLYFuturesAlert

Another scandal shakes Hyperliquid: a whale manipulates the JELLYJELLY token, opening a short position worth $6 million, resulting in the liquidation of the position. This forced the HLP treasury to inherit a large position, creating an unrealized loss of over $10 million.

Hyperliquid employees were involved in the process:

- Delisting the JELLYJELLY token,

- Forcing the closure of transactions at a profitable price,

- 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 were aimed at protecting the platform's users.