#JELLYJELLYFuturesAlert
đ¨ Whale Dumps $JELLY: $12M HLP Hit & Hyperliquid Delisting Shocker
A whale dumped $4.85M in $JELLY, causing a $12M loss for Hyperliquidâs HLP. Then, Hyperliquid delisted $JELLYâwhat happened? Full breakdown inside.
## **đĽ What Went Down with $JELLY?**
đĽ The $JELLY Meltdown â What Went Down?
A whale holding 124.6M $JELLY ($4.85M) pulled off a high-stakes pump-and-dump, wreaking havoc on liquidity and leaving Hyperliquidâs HLP in the red. Hereâs how the drama unfolded:
1ď¸âŁ Massive Whale Dump â The sell-off crushed $JELLYâs price.
2ď¸âŁ HLP Caught in the Crossfire â Hyperliquidâs HLP was forced into a short position, suffering $12M in losses.
3ď¸âŁ Whale Rebuys Cheap â With prices at rock bottom, the whale swooped back in, triggering a short squeeze.