Intel Desk

f(gautham)💤

@gauthamzzz

Mar 26, 2025

A trader just pulled off the most galaxy brain DeFi play of 2024, forcing Hyperliquid to choose between a $12M loss or revealing their centralized controls. The outcome? Pure chaos. Here's how this 200 IQ move went down 🧵

Arkham

@arkham

Mar 26, 2025

Hyperliquid just got exploited. What happened? A trader deposited $7.167M on 3 separate Hyperliquid accounts within 5 minutes of each other. He then made leveraged trades on an illiquid coin, JELLYJELLY. However, he ended up losing money, and is down almost $1M unless Hyperliqu [...]

Abhi

@0xAbhiP

Mar 26, 2025

NEW 🚨 Massive drama going down on Hyperliquid involving $JELLY 👇 1.A trader opened a massive $6M short position on JellyJelly (a small coin, ~$20M mcap at the time). 2.This trader deliberately self-liquidated by pumping JellyJelly’s price on-chain. Essentially forcing himsel [...]

Lookonchain

@lookonchain

Mar 26, 2025

A massive whale with 124.6M $JELLY($4.85M) is manipulating the price of $JELLY(jellyjelly) to make Hyperliquidity Provider (HLP) face a loss of $12M! He first dumped $JELLY, crashing the price and leaving HLP with a passive short position of 398M $JELLY($15.3M). Then he bought [...]

Doug Colkitt

@0xdoug

Mar 26, 2025

So looks like HL force closed the Jelly market and overrode the oracle price (about $0.50) to settle at $0.0095, leaving the attacker with a small loss.

Lookonchain

@lookonchain

Mar 26, 2025

The crazy squeeze caused Hyperliquidity Provider (HLP) to lose ~$12M in the past 24 hours! 0xde95 shorted $JELLY on @HyperliquidX and removed the margin, causing HLP to passively liquidate $4.5M short positions. A newly created wallet "0x20e8" opened a long position on @Hyperli [...]

Lookonchain

@lookonchain

Mar 26, 2025

Hyperliquid liquidated 392M $JELLY($3.72M) at $0.0095, making a profit of $703K without any loss. Then #Hyperliquid delisted $JELLY(jellyjelly).

Lookonchain

@lookonchain

Mar 26, 2025

The funds used to open $JELLY(jellyjelly) positions and attack #Hyperliquid were withdrawn from #OKX and #Binance.

Abhi

@0xAbhiP

Mar 26, 2025

UPDATE 🚨 The whole story on Hyperliquid & $JELLY 👇 background context > hyperliquid (HL): decentralized perp exchange > HLP: internal liquidity vault of hyperliquid > jelly token: small market cap (~$10-20M initially) what happened > trader wallet (0xde95) opened huge ~$ [...]

Gracy Chen @Bitget

@GracyBitget

Mar 26, 2025

#Hyperliquid may be on track to become #FTX 2.0. The way it handled the $JELLY incident was immature, unethical, and unprofessional, triggering user losses and casting serious doubts over its integrity. Despite presenting itself as an innovative decentralized exchange with a bol [...]

Master of Crypto

@MasterCryptoHq

Mar 27, 2025

The Whole Story on Hyperliquid & $JELLY What Happened in the Last 12 Hours👇 Hyperliquid (HL): A decentralized perpetual exchange. HLP: Hyperliquid's internal liquidity vault. Jelly Token: Token with a market cap of about $10-20 million. 𝐑𝐞𝐜𝐞𝐧𝐭 𝐄𝐯𝐞𝐧𝐭𝐬: - A trade [...]

Hyperliquid

@HyperliquidX

Mar 26, 2025

After evidence of suspicious market activity, the validator set convened and voted to delist JELLY perps. All users apart from flagged addresses will be made whole from the Hyper Foundation. This will be done automatically in the coming days based on onchain data. There is no n [...]

eden

@eden_

Jan 30, 2025

Established tech founders are using crypto to go to market. Less than an hour ago, Venmo founders announced their new social app Jelly Jelly via the launch of a Solana memecoin with the parallel intention of immediately building a community. They did just this. And we all watc [...]

Hyperliquid

@HyperliquidX

Mar 27, 2025

Yesterday is a good reminder to stay humble, hungry, and focused on what matters: building a better financial system owned by the people. Hyperliquid is not perfect, but it will continue to iterate and grow through the collective efforts of builders, traders, and supporters. U [...]

Aggr News

@AggrNews

Mar 26, 2025

HYPERLIQUID VAULT TAKES A $5M SHORT POSITION ON JELLYJELLY AS TRADER SELF-LIQUIDATES HIMSELF