I have to admit it In the currency circle, @HyperliquidX This exchange affects Bitcoin, and Ethereum's pricing is also gaining more weight, and there are many infrastructure innovations that are happening Over the past few days, you may have noticed that several very large wallets are trading on @HyperliquidX through @hyperunit In the past four days or so, these two accounts have sold about 20,000 bitcoins (equivalent to more than $22 billion) At the same time, about 455,000 Ethereum (equivalent to about $21.9 billion) were bought. During this period, the unit's single-day spot trading volume reached a new high, reaching over $3.2 billion This is more than Coinbase and Bybit's Bitcoin spot volume combined and close to the level of the BTC/USDT spot trading pair on Binance HL generated approximately $4.7 million in fee revenue in the past 24 hours, with Unit contributing about one-fifth of it to buybacks (approximately $940,000), while also using 100% of its own fees in full to buy back HYPE. Combined, it equates to about $1.88 million Why do they use this @hyperunit I mentioned? For example, when doing rate arbitrage, short SOL, while holding SOL spot, using joint margin will never liquidate the position, while native @HyperliquidX does not have this function This unit brings new features such as a unified trading experience, spot and derivatives integration, combined margin, and on-chain spot hedging to Hyperliquid, making Hyper's experience closer and closer to CEX
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