#BinanceEarnYieldArena Another scandal shook Hyperliquid: a whale manipulated the JELLYJELLY token by opening a short position of 6 million dollars, which led to the automatic liquidation of the position. This forced the HLP fund to inherit a large position, creating unrealized losses exceeding 10 million dollars.

The employees of Hyperliquid intervened in the process:

- They canceled the listing of the JELLYJELLY token,

- Forcibly closed the position at a price