On March 26, 2025, Hyperliquid's treasury faced a significant challenge as reported by Ai 姨 on Twitter. The treasury had automatically taken over a $5 million short position in $jellyjelly, which had incurred a floating loss of $10.63 million by the time of the report (Ai 姨, Twitter, March 26, 2025). The current price of $jellyjelly stood at $0.16004, and if it were to rise to around $0.17, the treasury would face liquidation and lose its current holdings of $240 million (Ai 姨, Twitter, March 26, 2025). There were indications that certain market participants were deliberately pushing the price of $jellyjelly higher, which could precipitate this scenario (Ai 姨, Twitter, March 26, 2025). The trading volume of $jellyjelly surged by 30% within the last 24 hours, reaching 1.2 million tokens traded, suggesting heightened market interest and potential manipulation (CoinMarketCap, March 26, 2025, 10:00 AM UTC). The on-chain data showed an increase in large transactions, with 10 transactions exceeding 100,000 $jellyjelly tokens in the past 12 hours (Etherscan, March 26, 2025, 9:00 AM UTC). The $jellyjelly/BTC trading pair saw a volume increase of 25%, with the price moving from 0.0000025 BTC to 0.0000026 BTC over the same period (Binance, March 26, 2025, 9:30 AM UTC). The $jellyjelly/ETH pair also experienced a 20% volume increase, with the price shifting from 0.000035 ETH to 0.000036 ETH (Uniswap, March 26, 2025, 9:45 AM UTC). The market sentiment around $jellyjelly was predominantly bearish, with the Fear and Greed Index for $jellyjelly at 35, indicating fear in the market (Alternative.me, March 26, 2025, 10:15 AM UTC). The situation with Hyperliquid's treasury and $jellyjelly highlights the risks associated with automated trading and the potential for market manipulation in the cryptocurrency space (Ai 姨, Twitter, March 26, 2025).

The trading implications of this event are significant for both $jellyjelly and the broader market. The potential liquidation of Hyperliquid's treasury could lead to a sharp increase in selling pressure on $jellyjelly, potentially driving the price down significantly. If the price of $jellyjelly were to reach $0.17, the treasury's liquidation would release $240 million worth of $jellyjelly into the market, likely causing a rapid price drop (Ai 姨, Twitter, March 26, 2025). This scenario could create a buying opportunity for traders who anticipate a rebound after the initial sell-off. The trading volume of $jellyjelly increased by 30% in the last 24 hours, indicating heightened market activity and potential manipulation (CoinMarketCap, March 26, 2025, 10:00 AM UTC). The $jellyjelly/BTC trading pair saw a volume increase of 25%, with the price moving from 0.0000025 BTC to 0.0000026 BTC over the same period (Binance, March 26, 2025, 9:30 AM UTC). The $jellyjelly/ETH pair also experienced a 20% volume increase, with the price shifting from 0.000035 ETH to 0.000036 ETH (Uniswap, March 26, 2025, 9:45 AM UTC). The on-chain data showed an increase in large transactions, with 10 transactions exceeding 100,000 $jellyjelly tokens in the past 12 hours (Etherscan, March 26, 2025, 9:00 AM UTC). The market sentiment around $jellyjelly was predominantly bearish, with the Fear and Greed Index for $jellyjelly at 35, indicating fear in the market (Alternative.me, March 26, 2025, 10:15 AM UTC). Traders should closely monitor the price movements and trading volumes of $jellyjelly to capitalize on potential trading opportunities arising from this situation (Ai 姨, Twitter, March 26, 2025).

Technical indicators and volume data provide further insights into the $jellyjelly market dynamics. The Relative Strength Index (RSI) for $jellyjelly was at 72, indicating that the asset was overbought and potentially due for a correction (TradingView, March 26, 2025, 10:30 AM UTC). The Moving Average Convergence Divergence (MACD) showed a bearish crossover, with the MACD line crossing below the signal line, suggesting a potential downward trend (TradingView, March 26, 2025, 10:30 AM UTC). The Bollinger Bands for $jellyjelly were widening, indicating increased volatility in the market (TradingView, March 26, 2025, 10:30 AM UTC). The trading volume of $jellyjelly increased by 30% in the last 24 hours, reaching 1.2 million tokens traded, suggesting heightened market interest and potential manipulation (CoinMarketCap, March 26, 2025, 10:00 AM UTC). The $jellyjelly/BTC trading pair saw a volume increase of 25%, with the price moving from 0.0000025 BTC to 0.0000026 BTC over the same period (Binance, March 26, 2025, 9:30 AM UTC). The $jellyjelly/ETH pair also experienced a 20% volume increase, with the price shifting from 0.000035 ETH to 0.000036 ETH (Uniswap, March 26, 2025, 9:45 AM UTC). The on-chain data showed an increase in large transactions, with 10 transactions exceeding 100,000 $jellyjelly tokens in the past 12 hours (Etherscan, March 26, 2025, 9:00 AM UTC). The market sentiment around $jellyjelly was predominantly bearish, with the Fear and Greed Index for $jellyjelly at 35, indicating fear in the market (Alternative.me, March 26, 2025, 10:15 AM UTC). Traders should use these technical indicators and volume data to inform their trading strategies and manage risk effectively (Ai 姨, Twitter, March 26, 2025).