A whale pledged 74,000 SOL pieces, borrowed US$4 million USDC and purchased HYPE
According to online reports, according to online analyst OnchainLens (@OnchainLens), a whale pledged 74,000 SOL (approximately US$11.8 million) as collateral on the Kamino platform and borrowed US$4 million in USDC. Subsequently, the whale transferred these USDC across the chain and deposited a total of US$4.94 million in USDC on the HyperLiquid platform. The whale used the funds to purchase 126,353 HYPE tokens at a price of US$39.1 each and pledged them.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
