HYPE Jumps 18% as ICE Partnership and Druckenmiller Bet Offset Market Rout
- —24-hour liquidations hit $1.49 billion, almost entirely longs
- —HYPE short liquidations totaled $30.86 million
- —ICE and trade(xyz) will offer 24/7 Hyperliquid perpetuals for US markets
- —Druckenmiller confirmed his trade(xyz) investment; Musk replied 'interesting'
Why it matters: HYPE's gains hinge on regulatory approval and a launch date; without them the rally may fade, as it did after a similar Kraken deal in September 2025.
Source: BeInCrypto CN