Everyone is waiting to see if they can liquidate the $JELLY short position held by the Hyperliquid liquidator. No one expected Hyperliquid to take such a drastic measure: tei settled this $JELLY short position of 392 million tokens...
And it was settled at a price of $0.0095, which was the price at which the $JELLY short position was opened by the address 0xde9...c91 at around 8 o'clock. Now the price of $JELLY is $0.025.
So boring, time to wash up and sleep. 😂