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Hyperliquid's "Unplug the Ethernet Cable" Settlement Turns JELLY Short Position into $703,000 Profit

BlockBeats News, March 26th, according to LookIntoChain monitoring, Hyperliquid settled 3.92 billion JELLY (approximately $3.72 million) at a price of $0.0095 before delisting JELLY, with no loss but instead a profit of $703,000.

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On-Chain Activity

48min ago

An address bought 1,470.94 ETH about 3 hours ago, worth approximately $3.803 million.

53min ago

An address withdrew 3,583.2 ETH worth $9.27 million from Binance in the past 2 hours.

4h ago

A whale holds $352 million in BTC and ETH long positions on Hyperliquid, with current unrealized profit of $2.66 million.

6h ago

Suspected entity added 110 million "Lobster" today, worth about $7.01 million.

24H Important News

2026-10-07

"Machi" holds a $99.8 million ETH long position nearing liquidation, with a liquidation price of $2,501.38.

In the past 24 hours, total liquidations across the network exceeded $700 million, with more than 120,000 people liquidated.

U.S. stocks opened with optical communications and Neocloud concept stocks among the biggest decliners, with ALAB falling over 6%.

Bitcoin falls below $83,000

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