比特币价格有望在重新测试$ 76,500范围之前达到110,000美元

根据亚瑟·海斯（Arthur Hayes）的说法，比特币价格有望在重新测试76,500美元之前达到110,000美元

The decentralized finance (DeFi) market saw interesting developments this week, with a crypto whale performing a "perfect" exploit on Hyperliquid to generate over $6 million in profit on a memecoin short position.

分散的金融（DEFI）市场本周展现了有趣的发展，加密鲸鱼对超流动性进行了“完美”的利用，以在Memecoin短期内产生超过600万美元的利润。

The unidentified whale, who is still holding nearly $2 million worth of the Jelly my Jelly (JELLY) token, managed to manipulate the price of the memecoin on the decentralized exchange.

身份不明的鲸鱼仍在持有价值近200万美元的果冻我的果冻（果冻）令牌，他设法操纵了分散交易所的成员的价格。

According to a postmortem report by blockchain intelligence firm Arkham, the whale opened three large trading positions within five minutes: two long positions, one for $2.15 million and another for $1.9 million, and a $4.1 million short position that effectively offset the longs.

根据区块链情报公司阿卡姆（Arkham）的验尸报告，鲸鱼在五分钟内开设了三个大型交易职位：两个长位，一个是215万美元，另一个是190万美元的股份，另有410万美元的短职位，有效地抵消了渴望。

When the price of JELLY rose by 400%, the $4 million short position wasn't immediately liquidated due to its size. Instead, it was absorbed into the Hyperliquidity Provider Vault (HLP), which is designed to liquidate large positions.

当果冻的价格上涨400％时，由于其尺寸，$ 400万美元的短职位没有立即清算。取而代之的是，它被吸收到旨在清算大型位置的高流动性提供商库（HLP）中。

The entity may still be holding nearly $2 million of the token's supply, according to blockchain investigator ZachXBT.

根据区块链调查员Zachxbt的说法，该实体可能仍将持有近200万美元的代币供应。

"Five addresses linked to the entity who manipulated JELLY on Hyperliquid still hold ~10% of the JELLY supply on Solana ($1.9M+). All JELLY was purchased since March 22, 2025," he said on March 26.

他在3月26日说：“与操纵果冻的实体有关的五个地址仍然容纳了约10％的果冻供应（190万美元以上）。所有果冻都是自2025年3月22日以来购买的。”

According to the report, the HLP absorbed the bulk of the long positions, liquidating them at a loss, while the short position remained open and continued to accrue losses as the price went up.

根据该报告，HLP吸收了大部分长位置，以亏损清算，而短职位仍然开放，并且随着价格上涨而继续造成损失。

Ultimately, the short position was liquidated for a profit of $6.26 million, and the long positions were liquidated for a combined loss of $3.15 million.

最终，短期职位被清算，利润为626万美元，而长位置则被清算，总损失为315万美元。

This exploitation of Hyperliquid's algorithms and liquidation parameters resulted in a net profit of over $3 million for the unidentified whale.

对超流动性算法和清算参数的这种开发导致该身份不明的鲸鱼的净利润超过300万美元。

"This is a perfect example of how DeFi protocols can be exploited when they are not programmed carefully enough to take into account potential abuse scenarios," the report concludes.

该报告总结说：“这是一个完美的例子，说明当不够仔细地编程以考虑潜在的滥用情况时，如何利用它们可以利用它们。”

The exploitation sparked heated debate among industry members, with some highlighting the risks posed by this type of activity and others discussing the implications for the broader DeFi ecosystem.

剥削引发了行业成员之间激烈的辩论，其中一些活动突出了这种活动带来的风险，而另一些活动则讨论了对更广泛的Defi生态系统的影响。

"A single whale managed to rack up $6+ million in profit by exploiting Hyperliquid's algorithms and liquidation parameters. This is a perfect example of how DeFi protocols can be exploited when they are not programmed carefully enough to take into account potential abuse scenarios," the report concludes.

报告结束时，一条鲸鱼通过利用Hyperliquid的算法和清算参数来筹集600万美元的利润。这是一个完美的例子，说明当未足够精心编程以考虑到潜在的滥用方案时，如何利用他们如何利用它们。”

The exploitation sparked heated debate among industry members, highlighting the risks posed by this type of activity and discussing the implications for the broader DeFi ecosystem.

剥削引发了行业成员之间的激烈辩论，强调了这种活动带来的风险，并讨论了对更广泛的偏见生态系统的影响。