#JELLYJELLYFuturesAlert Whale Dumps $JELLY $12M HLP Loss Sparks Hyperliquid Delisting Panic:
Meta Description: A crypto whale’s $12M $JELLY dump triggers Hyperliquid delisting fears. Discover market impacts, HLP losses, and investor reactions.
🚨 $JELLY Crisis Alert! 🚨
A crypto whale dumped **$12M worth of $JELLY tokens** on Hyperliquid, crashing prices by 65% and triggering **$12M in HLP (HyperLiquid Perps) liquidations**. The sell-off prompted Hyperliquid to announce a **$JELLY delisting review**, citing "extreme volatility risks."
*Key Details:
- Whale wallet (**0x3f1...C47**) sold 85% of $JELLY holdings in 3 hours.
- HLP traders faced margin calls as $JELLY plunged from $0.48 to $0.16.
- Hyperliquid paused $JELLY deposits; delisting vote pending.
Market Reaction:
- Traders fear contagion for small-cap tokens.
- Critics blame poor liquidity safeguards; supporters call it a "market correction."
Pro Tip: Monitor Hyperliquid’s updates and avoid over-leverage on volatile assets.
