What happens when a traditional finance giant like the NYSE’s parent company starts building regulated products on crypto infrastructure while short sellers are already crowded into the same name?
NYSE PARENT JUST VALIDATED HYPE🚀
ICE (owner of the NYSE) is partnering to bring Hyperliquid-powered perpetual futures into regulated US markets.
Shorts are getting liquidated hard. Volume and OI are ripping higher. Price is surging double-digits while majors mostly chop.
Narrative + forced covering is a dangerous combo for anyone still short.
$HYPE
$BTC
$ETH
Tip: Watch whether the move holds above prior resistance on sustained volume or fades once the initial short squeeze exhausts.