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 worth of assets into the HyperlendX platform and borrowed around $70.94 million worth of assets against this collateral. Currently, the address has collateralized 1.56 million kHYPE and borrowed 1.06 million WHYPE, with a health factor of 1.31, indicating a relatively conservative position. Additionally, the whale has staked 12,305 HPL tokens.