
According to on-chain analyst Yu Jin's monitoring on PANews on March 26, the HLP vault of Hyperliquid is unlikely to be liquidated, and at most, only the liquidator's address (currently holding the $JELLY short position) might be affected, without impacting the other two strategy addresses of the HLP vault. The liquidator's address has $50 million in funds, and the current liquidation price for the 398 million $JELLY short position is $0.141. With the current $JELLY price at $0.033, the price would need to rise more than threefold to "liquidate" the liquidator's address.



