X @Ansem
Ansem 🧸💸·2025-08-24 23:39
On-Chain Activity & Regulatory Landscape - Over 3 days, $1 billion+ BTC was deposited into Hyperliquid via Unit and converted to ETH by a single whale [1] - The transaction occurred with no KYC or restrictions, entirely on-chain and seamlessly [1] - Traditional exchanges would likely face regulatory scrutiny from the FED and tax authorities for similar activity [1] Platform Highlight - Hyperliquid is highlighted as a platform facilitating large, unrestricted on-chain transactions [1]