ATC quote · Mar 26, 2025 · 0:41:14
“Okay. So so here's the whole story. Right? Hyperliquid is under intense scrutiny after a whale that was holding a 124,000,000 jelly tokens began manipulating the token's price to exploit…”
Dave @DCBK2LA
From All Things Crypto: Stickers, $JELLY, GameStop, ghibli Alon, Mar 26, 2025 · Episode page

In context
0:39:15 Kool @koolcryptovc: Yeah. No. No. I I I saw the story, man. I I I think there's something to it. I I I know the the reports came out a while ago saying that... Yeah. I think they had, like, three or four validators, man. Or... But people didn't mind, man, because they're making money. So people didn't care because they're making money. But I I I... But I do think, though, there's a lot of fraud on this thing. Hyperliquid is probably…
0:41:14 Dave @DCBK2LA: Okay. So so here's the whole story. Right? Hyperliquid is under intense scrutiny after a whale that was holding a 124,000,000 jelly tokens began manipulating the token's price to exploit hyperliquidity provider HLP. Right? And that's essentially, like, the mechanism, like, for trading and providing liquidity on Hyperliquid. The... Listen to what happened. The whale first dumped the tokens, crashing the price, and…
0:43:19 Landy @CryptoLandy: Yeah. Here's the thing, though. Because he was exploiting the liquidity pools, TVL. Right? And in part of... So I I have a little bit different numbers in a different perspective on some posts that I was just kinda skimming through. You know, one one of the bigger things is obviously taking a $6,000,000 short position and then and then, forcing, then going on the other side and taking the other side of the trade is…
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