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![Cointelegraph Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2207129125.png) Cointelegraph [@Cointelegraph](/creator/twitter/Cointelegraph) on x 2.8M followers
Created: 2025-03-26 16:11:34 UTC

🚨ALERT: Another drama hit Hyperliquid as a whale manipulated JELLYJELLY by opening a $6M short, self-liquidating, and forcing the HLP vault to inherit a massive position resulting in over $10M in unrealized losses. 

Hyperliquid intervened, delisted JELLYJELLY, and force-closed the trade at a favorable price, flipping the situation into a $700K profit.

![](https://pbs.twimg.com/media/Gm-rCMBXAAAWUA_.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1904929227738116153/c:line.svg)

**Related Topics**
[$700k](/topic/$700k)
[$10m](/topic/$10m)
[vault](/topic/vault)
[$6m](/topic/$6m)
[jellyjelly](/topic/jellyjelly)
[hyperliquid](/topic/hyperliquid)

[Post Link](https://x.com/Cointelegraph/status/1904929227738116153)