Cashino77
@cryptokid69
Hyperliquid vs. JELLYJELLY: What Happened? 🤯 ➡A whale shorted JELLYJELLY, then withdrew margin to trigger passive liquidation. ➡Hyperliquid got stuck with the position, losing nearly $10M. ➡Binance & OKX listed JELLYJELLY perpetual contracts. ➡Hyperliquid delisted $JELLYJELLY and settled the short at $0.0095. ➡Despite the chaos, Hyperliquid’s Vault netted a $703K gain.
0 reply
0 recast
0 reaction