#JELLYJELLYFuturesAlert
TL;DR on the Hyperliquid & $JELLY drama:
>Whale opened a massive short position of $JELLY
>Price surged, causing a short squeeze
>Hyperliquid stuck with a $12M loss
>CEXs listed JELLY
>Hyperliquid delisted JELLY to fix things
Now, Hyperliquid is being called centralized and even labeled as the future FTX 2.0.
Crazy stuff.
