#JELLYJELLYFuturesAlert #**🚨 Whale Dumps $JELLY: $12M HLP Loss & Hyperliquid Delisting Drama!**

#JELLYJELLYFuturesAlert

A whale dumped $4.85M in $JELLY, causing a $12M loss for Hyperliquid’s HLP. Then, Hyperliquid delisted $JELLY—what happened? Full breakdown inside.

---

## **💥 What Went Down with $JELLY?**

A crypto whale holding **124.6M $JELLY ($4.85M)** pulled off a brutal **pump-and-dump**, crushing Hyperliquid’s **Hyperliquidity Provider (HLP)** with a **$12M loss**. Here’s how it unfolded:

1️⃣ **Whale dumps $JELLY**, crashing the price.

2️⃣ **HLP gets trapped in a short position**, taking massive losses.

3️⃣ **Whale rebuys cheap**, triggering a short squeeze.

4️⃣ **Hyperliquid suddenly delists $JELLY**, closing all positions at **$0.0095**—locking in a **$700K profit** for themselves.