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HYPE rose 17.64% after news of Druckenmiller’s Trade xyz investment

The Cryptonomist·October 29, 2026·1 min read

Stanley Druckenmiller disclosed his investment in Trade xyz in his first post on X on October 29, 2026, backing its push with Intercontinental Exchange (ICE) to bring round-the-clock perpetual futures trading to the United States. HYPE rose 17.64% in 24 hours following the news, while Elon Musk amplified the announcement.

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