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TechFlow, June 10 — According to on-chain analyst Onchain Lens (@OnchainLens), a whale deposited 74,000 SOL (approximately $11.8 million) as collateral on Kamino platform and borrowed $4 million in USDC.
Subsequently, the whale bridged these USDC funds cross-chain and deposited a total of $4.94 million in USDC into HyperLiquid platform.
The whale used these funds to purchase 126,353 HYPE tokens at $39.1 per token and staked them.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale deposited 74,000 SOL (approximately $11.8 million) as collateral on Kamino to borrow $4 million in USDC. Subsequently, the whale bridged these USDC funds and deposited a total of $4.94 million in USDC into HyperLiquid. The whale then used these funds to purchase 126,353 HYPE tokens at $39.1 per token and staked them.
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