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