Hyperliquid vs. JELLYJELLY: Trader shorts $5M+ of JELLY on Hyperliquid, pumps price 500%, risks $12M loss. Platform delists JELLY, turns loss into $703K profit. Faces $340M outflows & criticism for centralized moves. HYPE token dips but stabilizes.

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Wild moves in the crypto space! A $12M risk flips into a $703K profit as Hyperliquid delists JELLY, sparking criticism over centralization. With $340M outflows, is this a warning sign for traders? Thoughts?”