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- 🚀 Gate Square Creator Certification Incentive Program Is Live!
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
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Opinion: JELLY price needs to rise 3 times more to trigger Get Liquidated at the liquidators' Address, Hyperliquid's HLP vault is unlikely to be affected.
PANews March 26 news, according to on-chain analyst Yu Jin’s monitoring, it is unlikely that Hyperliquid’s HLP vault will get liquidated, at most only the liquidator address of Hyperliquid (which is currently taking over the short order of $JELLY) will be liquidated, and it will not affect the other two strategy addresses of the HLP vault. The liquidator address has $50 million in funds, and the current liquidation price for the 398 million $JELLY short orders in hand is $0.141. The current price of $JELLY is $0.033. In other words, for the liquidator address to be “liquidated”, JELLY has to rise more than 3 times.