Nearly $30 million in long positions flooded into HYPE within half an hour.

BlockBeats news, October 29: Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, plans to launch a Hyperliquid-based perpetual futures market in the United States. Following the news, HYPE strengthened in the short term, with large on-chain accounts concentrating on building positions.

According to TradingBeats monitoring, within about half an hour after the announcement, 12 whales were verified to have newly opened or rebuilt million-dollar HYPE positions. Among them, 9 longs held a total of approximately $29.3173 million, and 3 shorts held a total of approximately $8.0435 million. The long-to-short position value ratio was about 3.64:1, with a net long exposure of about $21.2738 million.

The long-to-short account count ratio for this batch of accounts was 3:1, with longs accounting for about 78.47% of total bilateral positions. The weighted average entry price for longs was about $83.04, and for shorts about $82.86.

Among them, the address starting with 0x9e2c established a long position of 150,000 HYPE at an average entry price of about $82.47, with a position value of about $12.7536 million and unrealized profit of about $383,500, accounting for about 43.5% of the total long positions in this batch.