According to ChainCatcher news, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale withdrew a total of 100.46 million JELLYJELLY tokens from Gate exchange yesterday, with a transaction value of approximately 4.45 million USD. Currently, this holdings faces an unrealized loss of about 1.35 million USD.

According to BlockBeats news on May 15, OnChain Lens monitored that a certain Whale Address withdrew 100.46 million JELLYJELLY from Gate yesterday, worth 4.45 million USD, and is currently facing a loss of 1.35 million USD.

According to the on-chain data from the Gate.io News bot, a wallet address (ACmwByanCwQ8Ds7uio4Azt74oyVqEPbT8PVUQ7S4nmtP) accumulated a purchase of 100.46M JELLYJELLY Tokens from the Gate exchange yesterday, with a total transaction amount of 4.45 million USD. Currently, this transaction shows a paper loss of 1.35 million USD.

A wallet named "hitler.sol" made a profit by buying and selling more than $2.4 million in $jellyjellyToken in 3 hours, and still holds 5 million $jellyjelly worth about $1.18 million.

Odaily News According to on-chain analyst Ai Yi's monitoring, a new address "3yJr3...YHhL3" withdrew 64.66 million JELLYJELLY from Gate 3 hours ago, worth 2.46 million USD. In the past four days, this address has built a position of 107 million tokens at an average price of 0.03243 USD, with a total value of 3.49 million USD; JELLYJELLY has risen over 15% in the last 24 hours, and this portion has now realized gains of 593,000 USD.

Odaily News Meme coins experienced a flash crash today, including LUCE, MANEKI, JELLYJELLY, AIDOGE and several other tokens, with prices dropping sharply in a short time. The community speculates that this may be related to a certain meme coin whale or a funding group facing liquidation.

Hyperliquid's co-founders responded to concerns about market manipulation, stating that the Margin design ensures the platform's solvency through mathematical mechanisms, with losses limited to its own treasury and not relying on HLP for operation. After the JELLYJELLY incident, the backup liquidation protection mechanism was strengthened, optimizing HLP's loss resistance without changing the underlying architecture. The liquidation treasury sets a collateral cap, processing Position orders while preserving market liquidation, backup liquidation, and automatic deleveraging. Backup liquidation increases the loss limit, drops the attack cost, and maintains the operating mechanism.

Odaily News On-chain market data shows that, possibly affected by the delisting of JELLYJELLY from Hyperliquid, HYPE rebounded and broke through 14.4 USDT, currently reported at 14.38 USDT. Previously, HYPE once fell below 13 USDT, dropping to 12.85 USDT.

According to BlockBeats news on March 26, market sources say that Hyperliquid has delisted JELLYJELLY and settled the acquired short order at a price of $0.0095, without losing any funds.

Odaily News on-chain market data shows that, possibly affected by the delisting of JELLYJELLY from Hyperliquid, HYPE rebounded, breaking through 14.4 USDT, currently reported at 14.38 USDT.

According to BlockBeats news on March 26, monitoring by Lookonchain indicates that a Whale holding 126 million JELLY (jellyjelly) is manipulating the coin price. The Address first sold JELLY to cause a big dump, allowing HLP to have a passive short positions of 398 million JELLY (approximately 15.3 million USD). Then the Address bought back JELLY, pushing up the price, resulting in HLP losing nearly 12 million USD.

On March 26, the Meme coin JELLYJELLY rose by 515%, currently priced at $0.034, with a market capitalization of $38.11 million; HYPE fell by 17%, currently priced at $14.37. Hyperliquid Vault liquidated $5 million in JELLY short positions, with unrealized losses currently at $12.368 million.