Suspicious

“JELLY’s Sweet Sudden Demise: Hyperliquid’s Sour Taste”

Comrades, the streets of cryptocurrency have witnessed another dramatic spectacle, as Hyperliquid, that bastion of blockchain bravado, has seen fit to delist those perpetual futures tied to the JELLY token. And why, you ask? Ah, it’s quite simple, really: “evidence of suspicious market activity” – the ultimate kiss of death for any token, don’t you think? 🤑

But fear not, dear traders! For the Hyper Foundation, that benevolent nonprofit, shall be footing the bill for any losses incurred. That’s right, comrades – they’ll be making all users whole, except for those “flagged addresses” that, no doubt, were up to some shady dealings. 🤫

And in a bizarre twist, Hyperliquid proudly declares that their primary liquidity pool, HLP, has somehow managed to eke out a positive net income of $700,000 in the past 24 hours. One wonders how they managed to achieve such a feat, but I suppose that’s a mystery for the ages. 🤔

But let’s not forget the events that led to this point – the massive Ether liquidation that left Hyperliquid’s liquidity pool reeling, with millions of dollars lost in the process. Ah, the sweet taste of hubris! 🍴

This, comrades, is a developing story – and one that will no doubt be filled with twists and turns. Stay tuned for further updates, and remember: in the world of cryptocurrency, nothing is as it seems. 🤫

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2025-03-26 19:22