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Thet Oo Maung1
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#BSCProjectSpotlight Whale Dumps $JELLY: $12M HLP Loss & Hyperliquid Delisting Drama A crypto whale dumped $4.85M worth of $JELLY, causing a dramatic $12M loss for Hyperliquid’s Hyperliquidity Provider (HLP). The sequence of events unfolded as follows: the whale crashed the price by dumping a large amount of $JELLY, trapping HLP in a short position. As the whale rebuys the token at a lower price, a short squeeze occurs, pushing the price back up. Hyperliquid then delisted $JELLY, closing positions at $0.0095, locking in a $700K profit for themselves. This incident highlights the risks of market manipulation in low-cap tokens, emphasizing the need for better safeguards on exchanges and greater awareness for traders. In volatile markets, especially with low-liquidity tokens, it’s vital to use strategies like stop-losses and have an exit plan in place. Key Takeaways: Whale manipulation can have devastating effects on markets. Exchanges must enhance protection for traders. Always stay alert and practice risk management when dealing with volatile assets.$BNB
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#ILOVE$TRUMPWhale Dumps $JELLY: $12M HLP Loss & Hyperliquid Delisting Drama A crypto whale dumped $4.85M worth of $JELLY, causing a dramatic $12M loss for Hyperliquid’s Hyperliquidity Provider (HLP). The sequence of events unfolded as follows: the whale crashed the price by dumping a large amount of $JELLY, trapping HLP in a short position. As the whale rebuys the token at a lower price, a short squeeze occurs, pushing the price back up. Hyperliquid then delisted $JELLY, closing positions at $0.0095, locking in a $700K profit for themselves. This incident highlights the risks of market manipulation in low-cap tokens, emphasizing the need for better safeguards on exchanges and greater awareness for traders. In volatile markets, especially with low-liquidity tokens, it’s vital to use strategies like stop-losses and have an exit plan in place. Key Takeaways: Whale manipulation can have devastating effects on markets. Exchanges must enhance protection for traders. Always stay alert and practice risk management when dealing with volatile assets.$BTC
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#ILOVE$TRUMP Whale Dumps $JELLY: $12M HLP Loss & Hyperliquid Delisting Drama A crypto whale dumped $4.85M worth of $JELLY, causing a dramatic $12M loss for Hyperliquid’s Hyperliquidity Provider (HLP). The sequence of events unfolded as follows: the whale crashed the price by dumping a large amount of $JELLY, trapping HLP in a short position. As the whale rebuys the token at a lower price, a short squeeze occurs, pushing the price back up. Hyperliquid then delisted $JELLY, closing positions at $0.0095, locking in a $700K profit for themselves. This incident highlights the risks of market manipulation in low-cap tokens, emphasizing the need for better safeguards on exchanges and greater awareness for traders. In volatile markets, especially with low-liquidity tokens, it’s vital to use strategies like stop-losses and have an exit plan in place. Key Takeaways: Whale manipulation can have devastating effects on markets. Exchanges must enhance protection for traders. Always stay alert and practice risk management when dealing with volatile assets.
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#ILOVE$TRUMPWhale Dumps $JELLY: $12M HLP Loss & Hyperliquid Delisting Drama A crypto whale dumped $4.85M worth of $JELLY, causing a dramatic $12M loss for Hyperliquid’s Hyperliquidity Provider (HLP). The sequence of events unfolded as follows: the whale crashed the price by dumping a large amount of $JELLY, trapping HLP in a short position. As the whale rebuys the token at a lower price, a short squeeze occurs, pushing the price back up. Hyperliquid then delisted $JELLY, closing positions at $0.0095, locking in a $700K profit for themselves. This incident highlights the risks of market manipulation in low-cap tokens, emphasizing the need for better safeguards on exchanges and greater awareness for traders. In volatile markets, especially with low-liquidity tokens, it’s vital to use strategies like stop-losses and have an exit plan in place. Key Takeaways: Whale manipulation can have devastating effects on markets. Exchanges must enhance protection for traders. Always stay alert and practice risk management when dealing with volatile assets.
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