Whales open $52.7M in HYPE longs as ICE plans perpetual markets
CIE News ·
Based on reporting by crypto.news; not yet independently confirmed.
Five crypto whales opened $52.7 million in leveraged HYPE long positions on Hyperliquid on October 29, 2026, amid reports of ICE planning regulated perpetual markets.
On October 29, 2026, five whales accumulated leveraged long positions totaling 597,912 Hyperliquid (HYPE) valued at $52.7 million, according to data from Lookonchain reported by crypto.news. The derivatives activity emerged on the decentralized exchange as Intercontinental Exchange announced plans to use Hyperliquid infrastructure to launch regulated retail perpetual futures markets with trade[XYZ]. Lookonchain noted the positions remain open on the network, representing derivatives long exposure rather than spot purchases, while HYPE traded up 17.4% at $93.74.
Key facts
- $52.7M in HYPE longs
- 597,912 HYPE involved
- ICE perpetual market plans
- Positions remain open
Read the original at crypto.news