Hyperliquid Dellists $ Jelly, who may cause $ 900k of losses. This is why best wallet -token is 100x

The crypto community was just recovering the aftermath of the Bybit -Hack, where North Korean hackers saw $ 1.3 billion from the cooling storage of the stock market, and now we have had a sensational malignant activity.

This time it is hyperliquid in the shooting line. Read on to find out what happened and what a privacy-first crypto project looks like Best wallet token ($ best) Could it possibly be 100x?

Dishing the hyperliquid-jelly meltdown

The popular decentralized crypto exchange Hyperliquid recently removed the Jelly-MY-Jelly ($ jelly) meme currency on the basis of suspicious trading activities

$ Jelly fell from $ 0.21 all the way to $ 0.01 in just 10 days after the launch on January 30. However, it rose 400% on March 26, when Chaos unfolded.

This is what happened prior to $ Jelly’s delisting by hyperliquid last week:

• A large crypto -walvis collapsed $ 7 million out of three hyperliquid accounts.
• Two of those accounts took long positions at $ Jelly – one of $ 2.15 million one of one of $ 1.9 million respectively.
• The third account took a short position of $ 4.1 million to cancel the two long transactions above.
• Because the price of $ Jelly rose in just a few hours from $ 0.01 to almost $ 0.45, the short position was liquidated. But the catch is that it was too large a position to be liquidated normally.
• As a result, the short trade to the hyperliquidity provider Vault (HLP) was sent for settlement.
• When Hyperliquid, however, limited the recordings of the whale, they resorted to the sale of their remaining $ Jelly positions.
• This led to Hyperliquid completely closed the $ Jelly market.

All in all, the trader poured a total of $ 7.17 million, but could only take $ 6.26 million. About $ 900K still stays with hyperliquid.

Hyperliquid’s criticism

Big-admitted crypto personalities, such as the CEO and COO of Bitget, criticized hyperliquid and said that the exchange deliberately caused losses for the user.

One of them even said that Hyperliquid “is on their way to becoming FTX 2.0.”

Although the world is torn apart between the recent Hyperliquid debacle, the fact that there is a terrible need for a reliable crypto storage and management solution remains. Enter Best Wallet.

What is the best wallet?

Best wallet is a new-age crypto-wallet that helps users reclaim their privacy. To begin with, it is a non-right wallet, which means that you only have the property of your private keys. That is why none except you have access to your crypto assets.

The app is also supplied with Fireblock’s MPC-CMP Wallet technology, which uses advanced cryptographic techniques to protect your digital wealth.

We were also impressed to find out that fantastic in-app and crypto-related security is supplemented with excellent app access controls.

Thanks to an abundance of 2FA/MFA options, including biometric data, you don’t have to worry about the unfortunate scenario of your mobile work in the wrong hands.

The good news keeps coming, because Best Wallet also offers its users of the third party stored for all their crypto assets with the best wallet. This is a brilliant offer and a that you should definitely choose, especially at a time when hacks and scams are just as common as they are.

In addition to a rock -solving security, it also touches it from the park when it comes to user -friendly. It has slim apps for both Android and iOS – and a browser extension for desktop is on the way.

Last but not least is best wallet also a pleasure for smart crypto investors who would like to come in before the coins are mentioned at trade shows. That is because the best wallet is the only crypto wallet with which his users can invest in new meme coins on presale directly from the app.

Buy $ Best – The next crypto to explode

Apart from the above, the Best Wallet route map suggests that it will soon support more than 60 chains. This would then make it a one-stop solution for managing all your crypto assets.

If you want to be part of the remarkable growthest of Best Wallet, consider investing in Best wallet token ($ best) – The native cryptocurrency from Best Wallet and one of the best cryptos to buy now.

Owning $ Best is not only unable to enable the market transfer of the best wallet it is planning to conquer more than 40% of the non-guardianship market for crypto portionor by 2026, but it also comes with its own special benefits.

First and foremost, $ Best investors have to pay lower transaction costs on the best wallet.

Secondly, they get priority access to the best crypto pre -changes. In this way they can become early investors (which means more profit) in some of the best projects that went around.

Thirdly, $ Best investors get the opportunity to earn extra income by turning off. The current reward percentage is 136%. However, it is worth noting that this rate is dynamic and will probably reduce the $ best advance yield.

Over the Best wallet token presaleSo far it has raised more than $ 11.4 million and you can buy any token for just $ 0.024525 if you arrive now.

If this is your first presale purchase, here is a detailed guide for buying $ best. Also view our best wallet price forecast for more information about the future of the crypto.

The potential of the best wallet aside, keep in mind that the cryptomarkt is unpredictable. It is full of volatility, so you only have to invest an amount that is small enough for you.

As always, we urge our readers to do their own research. After all, this article is a replacement for financial advice.