A whale address has taken on another 2 million USDC loan on Hyperlend, according to monitoring data cited by ChainCatcher from Onchain Lens. The address is currently using 742,130 WHYPE as collateral, with the pledged assets valued at about $50.66 million. With the latest borrowing activity, the wallet’s cumulative USDC debt has reached 17.73 million. The update points to a sizable leveraged position backed by WHYPE on the lending platform. No additional details about the wallet owner were disclosed in the source report.
A whale address borrowed another 2 million USDC on Hyperlend, according to Onchain Lens monitoring cited by ChainCatcher.
The address is currently posting 742,130 WHYPE as collateral. The collateral is valued at about $50.66 million, bringing the address’s cumulative borrowing to 17.73 million USDC.
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