Onchain Lens said a whale deposited two HYPE-linked assets into Hyperlend before taking out a large USDC loan. The address moved 873,160 wstHYPE worth about $47.37 million and 627,810 kHYPE worth about $33.71 million onto the platform. After those deposits, it borrowed 20.57 million USDC. The monitored transaction points to a sizeable leveraged position or liquidity move on Hyperlend, though no further details about the wallet owner were disclosed in the source. The figures cited in the report come directly from Onchain Lens monitoring data referenced by ChainCatcher.
According to Onchain Lens monitoring cited by ChainCatcher, a whale deposited 873,160 wstHYPE into Hyperlend, valued at about $47.37 million, and 627,810 kHYPE, valued at about $33.71 million.
After making those deposits, the whale then borrowed 20.57 million USDC.
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