jellyjelly is experiencing a short squeeze, with a surge of up to 429% between 21:00-22:00 UTC+8. Hyperliquid Vault has taken over the short position of jellyjelly from a trader who self-liquidated, and it is now facing an unrealized loss exceeding $10.5 million. If jellyjelly reaches 0.15374, Hyperliquid Vault will lose its entire $230 million in funds; moreover, as funds drain from Hyperliquid Vault, it will further lower the liquidation price of jellyjelly. — link
Binance and OKX have announced the listing of jellyjelly perpetual contracts. Hyperliquid has delisted JELLYJELLY following the listing of perpetual contracts on Binance and OKX. Currently, the massive loss-making short positions of jellyjelly in the Hyperliquid Vault have also been hidden. — link
Historical data shows that the jellyjelly short order taken over by Hyperliquid Vault was settled at $0.0095 at 23:15 UTC+8, slightly earlier than the announcement of Binance's online contract, when the price was about $0.045. At the settlement price of $0.0095, HLP Vault also made a profit of $703,000 on this position. — link
Binance and OKX have announced the listing of jellyjelly perpetual contracts. Hyperliquid has delisted JELLYJELLY following the listing of perpetual contracts on Binance and OKX. Currently, the massive loss-making short positions of jellyjelly in the Hyperliquid Vault have also been hidden. — link
Historical data shows that the jellyjelly short order taken over by Hyperliquid Vault was settled at $0.0095 at 23:15 UTC+8, slightly earlier than the announcement of Binance's online contract, when the price was about $0.045. At the settlement price of $0.0095, HLP Vault also made a profit of $703,000 on this position. — link
👍75