The post BREAKING: Binance Lists Today’s Trending Surprise Altcoin on Futures appeared on BitcoinEthereumNews.com.

Cryptocurrency exchange Binance is listing the JELLYJELLY token, which has been in the news today due to a whale, in futures. JELLYJELLY, a small cap altcoin with a market cap of $20 million, came onto the radar of a crypto whale today. This whale opened a massive $6 million short position for the token on Hyperliquid. The whale initiated a short squeeze and the JELLYJELLY price experienced a pump. The token’s market value skyrocketed from $10 million to $50 million in about an hour. However, with the subsequent decline, it has a market value of $25 million at the time of writing. In order for the whale to be liquidated, its market value needs to rise to approximately $150 million. Hyperliquid has delisted JELLYJELLY following its futures listings on Binance and OKX. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/breaking-binance-lists-todays-trending-surprise-altcoin-on-futures/

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Filed under: News - @ March 26, 2025 8:21 pm