#JELLYJELLYFuturesAlert Whale Dumps JELLY: $12M HLP Loss & Hyperliquid Delisting Controversy!

JELLYJELLYFuturesAlert

JELLYJELLYUSDT

Perp: $0.01668 (-22.31%)

A whale offloaded $4.85M in JELLY, triggering a $12M loss for Hyperliquid’s HLP. Shortly after, Hyperliquid delisted $JELLY—what’s the full story?

💥 What Happened?

A major whale holding 124.6M JELLY ($4.85M) executed a pump-and-dump, devastating Hyperliquid’s Hyperliquidity Provider (HLP). Here’s how:

1️⃣ Whale sells off JELLY, tanking the price.

2️⃣ HLP gets stuck in a short position, racking up heavy losses.

3️⃣ Whale buys back at a lower price, forcing a short squeeze.

4️⃣ Hyperliquid delists JELLY, closing positions at $0.0095, securing a $700K profit for itself.

📌 Key Takeaways:

🔹 Market Manipulation Risk – Even liquidity providers (HLPs) are vulnerable to whale games.

🔹 Exchange Accountability – Sudden delistings raise concerns about trader protection.

🔹 DYOR Always – Low-cap tokens like JELLY are prone to manipulation.

👑 Market Reactions:

"This is a stark reminder of low-cap liquidity risks. Exchanges must strengthen safeguards against whale manipulation—traders shouldn’t bear the losses." – [@Orocryptotrends]

💬 Your Thoughts?

Was Hyperliquid’s delisting justified? Should exchanges do more to prevent whale-driven crashes?

Drop your opinions in the comments!

🎓 Trader Insights:

✅ Limit exposure to low-liquidity tokens.

✅ Monitor volume spikes—a common sign of manipulation.

✅ Use stop-loss orders to reduce downside risks.

💡 Pro Tip: Delistings can force bad exits—always have a plan!

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Disclaimer: Third-party opinions included. No financial advice. Possible sponsored content. See T&Cs.