$JELLYJELLY I said why I have been stuck and unable to get down, it turns out there is a criminal record In March 2025, JELLYJELLY experienced a typical market manipulation incident on the decentralized exchange Hyperliquid. A trader opened a large number of short positions through cross-market and multi-wallet collaboration, then artificially raised the spot market price, creating a surge of over 400%. This led to the exchange's liquidity pool (HLP) facing an unrealized loss of over $12 million at one point, almost being drained.