KOL "suggested" Binance to list JELLY to liquidate Hyperliquid, He Yi responded "received"

03-26

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On March 26, crypto KOL Crypto Weituo (@thecryptoskanda) posted on social media, "suggesting" that Binance list JELLY spot trading, or merely claiming to consider listing JELLY trading, to further raise the JELLY token price through his own influence and liquidate Hyperliquid as a competitor.

In response, Binance co-founder He Yi said "OK, received".

At the time of writing, JELLY is priced at $0.0328, rising only 24% since He Yi's response, and has not significantly impacted the token price (compared to tonight's 500% increase).

BlockBeats previously reported that a trader who opened a JELLY short position was automatically liquidated, causing the Hyperliquid Vault to take over a JELLY short position worth $5 million, which was floating at a loss of $9.02 million at the time of writing.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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