Wall Street investor Stanley Druckenmiller announced an investment in Trade xyz, while HYPE rose 17.64% over the past 24 hours.
According to an October 29 report by Wu Blockchain, Druckenmiller said in his first post on X that he had invested in Trade xyz. The investor said the platform’s partnership with Intercontinental Exchange (ICE) supports its goal of offering continuous 24/7 perpetual futures trading in the United States.
Druckenmiller, who said he is an active market participant, also shared that he expects to use the platform’s products in his own investment decisions. Elon Musk reshared the post with the note “Interesting.”
HYPE approaches its all-time high
HYPE gained 17.64% in 24 hours, rising to $94.64. After the move, the price was trading 4.3% below its all-time high.
Not investment advice.