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CoreWeave-linked contract drops as Texas governor race favors data center restrictions.

Market News
04 Nov 2026, 19:17 WIB
Tokenpost
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Bearish
CoreWeave-linked contract drops as Texas governor race favors data center restrictions.

A CoreWeave-linked CRWV contract on Hyperliquid weakened amid Texas governor vote counts, as Democratic candidate Gina Hinojosa, who supports pausing new data center approvals and ending tax breaks, led in votes. CoreWeave has significant data center projects in Texas, including a large campus in West Texas with ongoing expansion. A trader opened a $500,000 short position on the contract during this period, reflecting market uncertainty about the impact of potential policy changes on data center operations in the state.

The CoreWeave-linked Hyperliquid contract is the subject, with Pluang market data provided as context. For readers following major cryptocurrencies on Pluang, as of Nov 05, 2026 00:31 WIB, 45 of 50 priced major cryptocurrencies rose while 4 fell. Notable movers include SXP (Solar) down 46.27% at Rp37, BAL (Balancer) up 11.14% at Rp16.297, and BAT (Basic Attention Token) up 10.32% at Rp2.532 with a sell order activity of 83%.

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