#JELLYJELLYFuturesAlert A scene worthy of a financial thriller recently unfolded at the cryptocurrency exchange Hyperliquid, leaving the community perplexed and raising questions about the robustness of decentralized platforms. A cryptocurrency trader initiated a short position of 6 million dollars against the newly listed token JELLY. So far, nothing extraordinary in the world of perpetual contracts.

However, the story took an unexpected turn when the trader, in a move as clever as it was controversial, orchestrated their own liquidation by artificially inflating the price of the token. The direct consequence of this maneuver was a financial hole of 13.5 million dollars in the vault of Hyperliquid.