The address supplied 873.16K wstHYPE and 627.81K kHYPE to Hyperlend, leaving a health factor of 2.91 and net equity near $60.5 million.
A whale address deposited roughly $81.07 million worth of HYPE-linked collateral into Hyperlend and then borrowed $20.57 million in USDC, a stablecoin pegged to the U.S. dollar. Onchain Lens said the position consists of 873.16K wstHYPE valued at about $47.37 million and 627.81K kHYPE valued at about $33.71 million. The lending position showed a health factor of 2.91 and net equity of about $60.5 million, indicating a collateral buffer that traders typically watch to gauge liquidation risk in on-chain lending markets.