#WYSTStablecoin Alert Related to JELLYJELLY Futures Contracts in the Cryptocurrency Market. According to reports, the Hyperliquid platform experienced an incident where a large investor (known as a "whale") opened a short position worth 6 million dollars in JELLYJELLY, leading to a self-liquidation and causing unrealized losses exceeding 10 million dollars in the platform's liquidity pool. The platform later intervened by delisting the currency and forcibly closing positions, converting the losses into a profit of 700 thousand dollars.
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These events highlight the risks associated with cryptocurrency volatility and potential manipulation by large investors in low liquidity markets. Therefore, traders are advised to exercise caution and conduct
