JELLY has risen over 500% in the past hour, and Hyperliquid Vault has taken over short orders with unrealized losses exceeding 12 million USD.

robot
Abstract generation in progress

BlockBeats News, on March 26, according to market data, the meme coin JELLYJELLY has risen by 515% in the past 1 hour, and is now quoted at $0.034, with a market value of $38.11 million; HYPE, which has fallen 17% in the past 1 hour, is now trading at $14.37, down 10% from when it "took over JELLY's short position". BlockBeats previously reported that Hyperliquid Vault received $5 million in short JELLY positions due to traders' automated liquidation. According to hypurrscan data, as the price of JELLY's coin skyrocketed, the position currently has a floating loss of $12.368 million (opening price of $0.01129).

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)