Aziz Ur Rehman pfp
Aziz Ur Rehman

@786786786

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.
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