Crypto traders bet on US midterms overnight: $458M in S&P 500 perps on Hyperliquid

tomwanhh · x · 2026-11-05

Crypto traders traded US midterm elections overnight on Hyperliquid and tradexyz: S&P 500 perps did $458M before Wall Street opened (5.7x a normal night), Nasdaq $334M (3.8x). Both indices fell 1-2% on early results, then rallied 3-4% off the lows by the open, per Entropy Advisors data.

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