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Binance launches 75x leverage contracts on HYPE and TRX amid security warning and weak sentiment

Market News
12 Nov 2026, 00:00 WIB
AMBCrypto
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Bearish
Binance launches 75x leverage contracts on HYPE and TRX amid security warning and weak sentiment

Binance introduced two new perpetual contracts with up to 75x leverage for HYPEUSDC and TRXUSDC on November 11. This launch follows a security warning about an iOS flaw that could expose users' private keys, which has dampened investor confidence. HYPE is experiencing a downtrend with potential for a liquidation cascade due to heavy short positions, while TRX remains rangebound without clear direction. The new contracts may increase trading volume but are unlikely to reverse current negative trends for HYPE or change TRX's consolidation phase soon.

HYPE trades at Rp1.316.428 on Pluang with a slight 0.18% drop as of Nov 12, 2026 05:22 WIB. Its market cap stands at Rp335,78T with 75% of orders buying. TRX is priced at Rp5.751, up 0.70%, with 82% of orders selling and a market cap of Rp548,68T, showing contrasting investor sentiment.

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