{"id":1245,"date":"2025-03-27T14:51:55","date_gmt":"2025-03-27T14:51:55","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=1245"},"modified":"2025-03-27T14:51:56","modified_gmt":"2025-03-27T14:51:56","slug":"binance-hyperliquid-scandal-unveiled","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/binance-hyperliquid-scandal-unveiled\/","title":{"rendered":"Binance and Hyperliquid Scandal Unveiled : A Detailed Insight"},"content":{"rendered":"\n

Hyperliquid Narrowly Escapes Liquidation after Massive JELLY Crypto Manipulation<\/strong><\/h2>\n\n\n\n

The DeFi project Hyperliquid (HYPE)<\/strong> barely avoided a catastrophic liquidation due to coordinated price manipulation of the memecoin JELLY<\/strong> on its platform. Wallets connected to major centralized exchange platforms like Binance<\/a> <\/strong>and OKX <\/strong>reportedly heavily shorted JELLY<\/strong>, causing a temporary 80% price drop.<\/strong><\/p>\n\n\n\n

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Hyperliquid just got exploited. What happened?

A trader deposited $7.167M on 3 separate Hyperliquid accounts within 5 minutes of each other. He then made leveraged trades on an illiquid coin, JELLYJELLY.

However, he ended up losing money, and is down almost $1M unless\u2026
pic.twitter.com\/uNyMwLS5Sc<\/a><\/p>— Arkham (@arkham) March 26, 2025<\/a><\/blockquote>