Opinion: JELLY price needs to rise 3 times to trigger liquidator address explosion, Hyperliquid's HLP vault is unlikely to be affected

PANews reported on March 26 that according to on-chain analyst Yu Jin’s monitoring, Hyperliquid’s HLP vault is unlikely to be liquidated. At most, the Hyperliquid liquidator address (the address that currently takes over the $JELLY short order) will be liquidated, and the other two strategy addresses of the HLP vault will not be affected. The liquidator address has $50 million in funds, and the current liquidation price of the 398 million $JELLY short orders is $0.141. The current $JELLY price is $0.033. In other words, to "explode" the liquidator address, JELLY will have to increase by more than 3 times.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together