Analysis: JELLY rises to $0.17, Hyperliquid will face liquidation and loss of $240 million

According to a report by Golden Finance, according to @ ai_9684xtpa monitoring, the Hyperliquid vault has suffered a loss of $10.63 million due to the automatic liquidation of a $5 million short position in JellyJelly received by traders. If the counterparty's market raises the coin price to around $0.17 (currently $0.16004), the vault will face liquidation and lose the current $240 million held. It seems that there are funds intentionally raising the price of JellyJelly coin, which has risen by 230% in the past hour. Unfortunately, the funds of Hyperliquid Vault seem to be decreasing, which will further squeeze the liquidation price.