
HYPE Falls 14% After JELLY Saga —Is Hyperliquid Still Safe?
Hyperliquid (HYPE) is facing heavy selling pressure after a major short squeeze of the JELLY meme coin triggered widespread concerns across the platform. A whale manipulation led to nearly $12 million in losses for Hyperliquidity Provider (HLP), forcing the exchange to delist the token. Following the exchange’s actions, market confidence took a hit, causing HYPE…