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#JELLYJELLYFuturesAlert 🚨 Whale Dumps $JELLY: $12M HLP Hit & Hyperliquid Delisting Shocker 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?** 💥 The $JELLY Meltdown – What Went Down? A whale holding 124.6M $JELLY ($4.85M) pulled off a high-stakes pump-and-dump, wreaking havoc on liquidity and leaving Hyperliquid’s HLP in the red. Here’s how the drama unfolded: 1️⃣ Massive Whale Dump – The sell-off crushed $JELLY’s price. 2️⃣ HLP Caught in the Crossfire – Hyperliquid’s HLP was forced into a short position, suffering $12M in losses. 3️⃣ Whale Rebuys Cheap – With prices at rock bottom, the whale swooped back in, triggering a short squeeze. 4️⃣ Hyperliquid Drops the Hammer – The exchange delisted $JELLY, forcefully closing all positions at $0.0095—securing themselves a $700K profit in the process. 📌 What This Means for Traders 🔹 Market Manipulation is Real – Even institutional-grade liquidity providers aren’t immune to whale plays. 🔹 Exchange Trust Issues – Hyperliquid’s sudden delisting raises serious concerns about trader protection. 🔹 DYOR is More Important Than Ever – Low-cap tokens like $JELLY are prime targets for manipulation.
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