#JELLYJELLYFuturesAlert
It seems that the term "jellyjellyfuturesalert" refers to an 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, which led to a self-liquidation and caused unrealized losses exceeding 10 million dollars in the platform's liquidity fund. The platform later intervened by delisting the currency and forcibly closing positions, turning the losses into a profit of 700 thousand dollars.
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These events indicate the risks associated with the volatility of cryptocurrencies and the potential manipulation by large investors in low-liquidity markets. Therefore, traders are advised to exercise caution and conduct thorough research before engaging in cryptocurrency futures trading.
It seems that the term "jellyjellyfuturesalert" refers to an 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, which led to a self-liquidation and caused unrealized losses exceeding 10 million dollars in the platform's liquidity fund. The platform later intervened by delisting the currency and forcibly closing positions, turning the losses into a profit of 700 thousand dollars.
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