Hyperliquid Vault Opens $5M Short on JellyJelly After Trader Self-Liquidates
Portfolio Pulse from
Hyperliquid Vault is experiencing a critical liquidity crisis after a massive short position on JellyJelly ($JELLY) was transferred to them through a trader's self-liquidation. The token's price surged 429% in one hour, potentially threatening HLP's entire $230 million vault funds if $JELLY reaches $0.15374. Evidence suggests this might be an orchestrated attack potentially originating from Binance, with Binance co-founder Yi He seemingly acknowledging a 'Futures War'.
March 26, 2025 | 5:15 pm
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POSITIVE IMPACT
JellyJelly token saw a dramatic 429% price surge within one hour, driven by potential market manipulation targeting Hyperliquid Vault's short position.
Massive price movement indicates significant market interest and potential coordinated trading activity, likely driving short-term price appreciation
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100