According to OnchainLens (@OnchainLens), a whale pledged 74,000 SOL (~ $11.80 million) as collateral on the Kamino platform to borrow $4 million USDC. Subsequently, the whale transferred these USDCs across the chain and deposited a total of $4.94 million USDC to the HyperLiquid platform. The whale used these funds to buy 126,353 HYPE tokens at $39.1 each and pledged them.
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