$BNB JELLYJELLYFuturesAlert Another scandal rocked Hyperliquid: a whale manipulated the JELLYJELLY token by opening a short position of $6 million, which led to the liquidation of the position. This forced the HLP vault to inherit a large position, creating unrealized losses exceeding $10 million.

Hyperliquid staff intervened in the process:

- Delisted the JELLYJELLY token,

- Forcefully closed the trade at a favorable price,

- Turned the situation into a profit of $700,000.

In a statement, Hyperliquid said that this was a clear exploitation of a vulnerability, and the team's actions were aimed at protecting the platform's users kanafuhfhfk