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BTC $76,527.59 +2.45%
ETH $2,411.78 +3.17%
BNB $640.14 +2.76%
XRP $1.48 +3.36%
SOL $89.43 +4.06%
TRX $0.3246 -0.64%
DOGE $0.1007 +3.78%
ADA $0.2633 +4.04%
BCH $454.51 +2.95%
LINK $9.72 +3.75%
HYPE $44.52 -0.73%
AAVE $116.93 +8.31%
SUI $1.02 +4.40%
XLM $0.1723 +5.96%
ZEC $344.31 -0.27%

Data: A whale holding 126 million JELLY is manipulating the coin price, causing HLP to lose nearly 12 million dollars

2025-03-26 22:37:54
Collection

ChainCatcher news, according to Lookonchain monitoring, a whale holding 126 million JELLY (jellyjelly) is manipulating the coin price.

The address first sold JELLY, causing a price crash, which allowed HLP to have a passive short position of 398 million JELLY (approximately 15.3 million USD).

Then the address bought back JELLY, driving up the price, resulting in HLP losing nearly 12 million USD.

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