<ul><li>A coordinated group of whales manipulated the price of the JELLY token on the Hyperliquid DEX, causing a significant drop in its value.</li><li>Hyperliquid's built-in market-making protocol faced a loss of over $12 million due to the whales' market manipulation.</li><li>Hyperliquid delisted JELLY and closed the short position, avoiding the huge losses it was facing.</li><li>Connections were found between the malicious wallets involved in the JELLY price manipulation and major exchanges such as OKX and Binance, leading to suspicion of a coordinated attack to sabotage Hyperliquid.</li></ul>

What Is The JELLY Crypto Drama? Are Binance Trying To Sabotage Hyperliquid?

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