HYPE Drops 14% After JELLY Short Squeeze: Is Hyperliquid Safe for Users?

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 to drop over 14% in the past 24 hours. With its market cap now below $5 billion, will HYPE continue to slump? JELLY Delisting Crashes Hyperliquid Price Hyperliquid is under intense scrutiny after a whale holding 124 source: https://beincrypto.com/hype-crashes-jelly-delisting-is-hyperliquid-safe/