PANews reported on March 26 that according to @ai_9684xtpa's monitoring, the 5 million USD jellyjelly short position received by traders for automatic liquidation has already incurred an unrealized loss of 10.63 million USD. If the counterparty pulls the coin price to around $0.17 (currently $0.16004), the vault will face liquidation and lose the current 240 million USD held.

It seems that funds are deliberately trying to raise the jellyjelly coin price, with a 230% increase in the past hour. Worse, the funds of Hyperliquid Vault appear to be decreasing, which will further squeeze the liquidation price.