#ILOVE$TRUMP crypto whale holding **124.6M $JELLY ($4.85M)** pulled off a brutal **pump-and-dump**, crushing Hyperliquid’s **Hyperliquidity Provider (HLP)** with a **$12M loss**. Here’s how it unfolded:
1️⃣ **Whale dumps $JELLY**, crashing the price.
2️⃣ **HLP gets trapped in a short position**, taking massive losses.
3️⃣ **Whale rebuys cheap**, triggering a short squeeze.
4️⃣ **Hyperliquid suddenly delists $JELLY**, closing all positions at **$0.0095**—locking in a **$700K profit** for themselves.
1️⃣ **Whale dumps $JELLY**, crashing the price.
2️⃣ **HLP gets trapped in a short position**, taking massive losses.
3️⃣ **Whale rebuys cheap**, triggering a short squeeze.
4️⃣ **Hyperliquid suddenly delists $JELLY**, closing all positions at **$0.0095**—locking in a **$700K profit** for themselves.
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