PANews reported on March 26 that Hyperliquid has forced JELLY longs to sell their positions to the vault at a 75% discount to the oracle price. According to on-chain analyst Ember’s monitoring, Hyperliquid has closed 392 million JELLY short positions at a settlement price of $0.0095, which was the price at which the 0xde9...c91 short address opened a short position. The current JELLY price is $0.025.