HYPE's 20% Pop Ignites $176K Options Win on PURR Treasury Play
President Trump's signal that the CFTC is pursuing compliant US access for Hyperliquid sent HYPE up 20% and Nasdaq-listed Hyperliquid Strategies (PURR) up 30.4%. A $65,000 options bet on PURR calls became worth about $176,000, but no formal regulatory plan has been released.