Planet Daily News: According to on-chain analyst @ai_9684xtpa's monitoring, Hyperliquid Vault's 5 million USD JELLYJELLY short position has unrealized losses of 10.63 million USD. If counterparties pull the token price to around $0.17 (currently $0.16004), the vault will face liquidation and lose its current $240 million holdings. It appears funds are deliberately raising JELLYJELLY's price, with a 230% increase in the past hour. Worse, Hyperliquid Vault's funds seem to be decreasing, which will further compress the liquidation price. Additionally, X platform user @DamianProsa disclosed that this seems to be a market maker conspiracy for JELLY tokens, sending 12.6% of token supply to Hc8gNSMaQiahiRiGjUfTaW8AXudRJHeGoeGpAn8WRGwg, with $500 worth of tokens being sold every few seconds. This address holds 65% of the entire liquidity pool, and if it sells everything, JELLY token price could dramatically drop, potentially causing the project to fall back to $5 million.