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A whale on the HyperlendX platform collateralized 1.56 million kHYPE tokens and borrowed 1.06 million WHYPE tokens.

BlockBeats News, July 12th, according to OnchainLens monitoring, a whale deposited approximately $107.21 million in assets into the HyperlendX platform and used this as collateral to borrow around $70.94 million in assets. Currently, the address has collateralized 1.56 million kHYPE and borrowed 1.06 million WHYPE, with a Health Factor of 1.31, indicating a rather secure operation. Additionally, the whale has staked 12,305 HPL tokens.

Source: BlockBeats

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