Binance and OKX list JELLY futures amid Hyperliquid’s delisting and market manipulation fallout

Binance and OKX list JELLY futures amid Hyperliquid’s delisting and market manipulation fallout

Following 400%+ price pump of JELLY caused by a market manipulation incident on Hyperliquid, Binance and OKX capitalized on the volatility by listing JELLY futures, while Hyperliquid delisted the token’s perps, facing backlash over centralization concerns. After the recent market manipulation incident on Hyperliquid (HYPE) involving the Jelly Jelly (JELLY) token, the derivatives exchange decided … Read more

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

Hyperliquid (HYPE) have avoided liquidation and delisted JELLY while Binance and OKX conspicuously list JELLY for futures trading

A coordinated group of whales, suspected of being backed by major cryptocurrency exchanges such as Binance and OKX, manipulated the price of the JELLY token on the Hyperliquid (HYPE) DEX. Wallets linked to several major CEX’s opened a huge JELLYJELLY short on Hyperliquid and sent the crypto community into a frenzy, with the HYPE token … Read more