Analysis: If JELLY rises to around $0.17, it will cause the Hyperliquid Vault to liquidate $240 million
Bitget2025/03/26 14:56
On-chain data analyst @ai_9684xtpa stated that Hyperliquid has taken over a $5 million short position in jellyjelly due to automatic liquidation by traders, which is currently showing a floating loss of $10.63 million (approximately $6 million at the time of publication). If the opposing side pushes the coin price up to around $0.17, Hyperliquid Vault will face liquidation and lose its current holdings of $240 million.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$82,339.5
-1.54%
Ethereum
ETH
$1,815.09
-3.36%
Tether USDt
USDT
$0.9997
+0.04%
XRP
XRP
$2.12
-2.83%
BNB
BNB
$603.25
-2.95%
Solana
SOL
$124.79
-3.62%
USDC
USDC
$1
+0.01%
Dogecoin
DOGE
$0.1684
-6.67%
Cardano
ADA
$0.6687
-4.16%
TRON
TRX
$0.2342
+0.26%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now