A Close Under Support Would Open a 13% Drop Toward HYPE's Next Floor
Photo: Crypto Daily
The owner of the New York Stock Exchange wants to list Hyperliquid perpetual futures in the U.S. A quick amendment then tied the plan to regulators, and big holders sold into the news. For HYPE, the timing is tricky. The token has rebounded hard this week. Fresh supply from a recent unlock and whale exits now test that recovery. Intercontinental Exchange (ICE) disclosed the plan on October 29. The venue would run through trade(xyz), a platform that investor Stan Druckenmiller has publicly backed. HYPE jumped to $95 that day, up about 18% in 24 hours.
Source: Crypto Daily
