Mystery Whale Drives Unit to Record $3.2B Daily Volume
An unknown trader executed massive swaps on Hyperliquid's Unit platform over 4 days, selling **19,663 BTC** ($2.22B) and buying **455,672 ETH** ($2.19B).
**Record-Breaking Performance:**
- Unit hit **$3.2B+ in 24-hour spot volume**
- Surpassed Coinbase and Bybit BTC volumes combined
- Nearly matched Binance's BTC/USDT trading
**Infrastructure Resilience:**
- Zero downtime despite billions in transactions
- Guardian network processed massive load seamlessly
**Financial Impact:**
- Hyperliquid generated **$4.7M in fees** (24 hours)
- **$1.88M in HYPE buybacks** from Unit trading fees
- Unit contributed $941K to additional buybacks
The whale's identity remains unknown, but their choice of Unit as a decentralized trading venue demonstrates the platform's growing institutional appeal and liquidity depth.