According to @ai_9684xtpa, concerns over potential price manipulation in JELLYJELLY (JELLY) have resurfaced. The on-chain market cap stands at $89.95M, while Binance futures market cap is $67.17M, with a significant spot-futures price disparity of 34%. The anomaly began around 9 AM, with the futures price dropping unusually despite an on-chain price surge at 2 PM. Binance's JELLY futures open interest spiked to $9.96M at 1 PM, accompanied by a funding rate of -2%, indicating aggressive shorting activity. Such patterns are reminiscent of past market disruptions involving Hyperliquid.