mryt-16

A whale dumped $4.85M in $JELLY, causing a $12M loss for Hyperliquid’s HLP. Then, Hyperliquid delisted $JELLY—what happened? Full breakdown inside.
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## **💥 What Went Down with $JELLY?**

A crypto whale holding **124.6M $JELLY ($4.85M)** pulled off a brutal **pump-and-dump**, crushing Hyperliquid’s **Hyperliquidity Provider (HLP)** with a **$12M loss**. Here’s how it unfolded:
1️⃣ **Whale dumps $JELLY**, crashing the price.
2️⃣ **HLP gets trapped in a short position**, taking massive losses.
3️⃣ **Whale rebuys cheap**, triggering a short squeeze.
4️⃣ **Hyperliquid suddenly delists $JELLY**, closing all positions at **$0.0095**—locking in a **$700K profit** for themselves.
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## **📌 Key Takeaways:**
🔹 **Market Manipulation Risk** – Even HLP (liquidity providers) aren’t safe from whale moves.
🔹 **Exchange Vulnerabilities** – Hyperliquid’s sudden delisting raises questions about trader protection.
🔹 **DYOR is Crucial** – Low-cap tokens like $JELLY can be prime targets for manipulation.
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## **👑 Key Opinion Reaction**
*"This is a brutal reminder of how fragile liquidity can be in low-cap markets. Exchanges need better safeguards against whale manipulation—traders shouldn’t be left holding the bag."* – [@Orocryptotrends]
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## **💬 Join the Discussion!**
Was Hyperliquid’s delisting fair? Should exchanges do more to protect against whale dumps?
🗨️ **Share your thoughts in the comments!**
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## **🎓 Lessons for Traders**
✅ **Avoid overexposure** to low-cap tokens with weak liquidity.
✅ **Watch for unusual volume spikes**—they often signal manipulation.
✅ **Use stop-losses** to limit downside in volatile markets.
💡 **Pro Tip:** If a token gets delisted, you could be forced to close at a bad price—always have an exit plan!
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## **🚀 Stay Ahead of the Game**
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#Crypto #Trading #JELLY #MarketManipulation #Hyperliquid #WhaleAlert #DYOR

The GameStop board approves Bitcoin for company reserves.
GameStop is returning to crypto.
The video game retailer's board overwhelmingly authorized the inclusion of Bitcoin to its treasury reserves on Tuesday, joining a growing number of corporations positioning themselves for a digital future.
Bitcoin investment will be funded by current funds or future debt or equity transactions, according to the business.
In its recent quarterly report, GameStop did not specify the projected allocation amount.
The move follows President Donald Trump's unilateral order to create a strategic cryptocurrency reserve using government-owned digital assets, paving the way for Bitcoin in corporate financing.
GameStop Considers Bitcoin Long-Term After Shelving Wallet Plans
According to CNBC, the corporation was exploring adding Bitcoin and other cryptocurrencies to its balance sheet in February.
GameStop has dabbled with crypto before. The firm introduced a crypto wallet in 2022 to ride the Web3 wave, but it closed a year later due to “regulatory uncertainty.”
GameStop has been widely observed by the crypto-curious community due to its origins in gamer culture and its ties to the “degen” crowd, retail investors who pushed its stock sky-high during the 2021 meme stock mania.
The decision follows Strategy (previously MicroStrategy)'s longtime promotion of Bitcoin as a strategic asset. Gamestop's choice to take a similar route implies a greater appetite for risk and relevance as it seeks to go beyond its faltering retail sector.
GameStop Doubles Profit Despite Revenue Drops and Store Closures
GameStop had a rare bright light in its last earnings report despite its troubles. Net income quadrupled to $131.3m in the fourth quarter from $63.1m a year earlier due to significant cost-cutting.
The corporation closed 590 US outlets in fiscal 2024 and wants to close more this year. Overall sales declined to $1.28b from $1.79b, indicating its conventional gaming retail business's deterioration.
#GameStopBitcoinReserve #WhaleMovements #USTariffs
$BTC
$ETH
$XRP

In an unexpected twist, a Bitcoin wallet that had been inactive for nearly 14 years has suddenly sprung to life, transferring 100 BTC—now worth a staggering $8.5 million—to new addresses. This remarkable event has caught the attention of the crypto community, sparking speculation about the identity of the wallet's owner and the reason behind the move.
A Wallet from the Early Days of Bitcoin
The wallet, identified as "12znK," was first created on August 2, 2011, back when Bitcoin was valued at a mere $13 per coin. At the time, the wallet started with 1 BTC, and just days later, on August 14, 2011, an additional 99 BTC was deposited—bringing the total initial investment to $1,015.96. Fast forward to today, and that investment has skyrocketed by an astonishing 836,493%!
How the BTC Was Moved
At block height 889,103, the wallet moved its funds from a Pay-to-Public-Key-Hash (P2PKH) address to four Pay-to-Script-Hash (P2SH) addresses. Now, each of the four new wallets holds 24.99 BTC. Interestingly, while the Bitcoin was moved, the 100 Bitcoin Cash (BCH) linked to the wallet—worth approximately $32,460—remains untouched.
The Mystery Behind the Move
This sudden activity has raised several questions:
Who owns this wallet? Could it be an early Bitcoin adopter cashing out, or is there a more mysterious reason behind the movement?
Why now? With Bitcoin recently hitting new highs, did the owner decide it was finally time to move their funds?
Privacy concerns: Analysts scored the transaction 50 out of 100 in terms of privacy due to address reuse, indicating some level of traceability.
A Rare Piece of Bitcoin History
While Bitcoin wallets from 2009 are legendary, those from 2011 are already considered rare. This sudden transaction reminds us that early BTC adopters are still out there—and their movements can still shake up the market.
Final Thoughts
As Bitcoin continues its rise, movements like these from ancient wallets keep the crypto world buzzing. Is this just another investor making a move, or is there something bigger at play? Only time will tell.
What do you think? Drop your thoughts in the comments!
$BTC