Hungary's TISZA party secured 138 seats in the 199-seat parliament, validating traders who pushed the "above 140 seats" market from 53¢ to 96¢ in the final days. Viktor Orbán conceded defeat after 16 years in power as Peter Magyar's center-right party won by landslide.

The market movement proved prescient: TISZA took 53.6% of the vote while Orbán's Fidesz collapsed to just 37.8%. Record turnout of 77.8% reflected massive appetite for change, with Fidesz's collapse happening "everywhere across the country, from large cities to rural villages". The two-thirds supermajority gives TISZA constitutional amendment power, fundamentally reshaping Hungary's political landscape and its relationship with both the EU and Russia.