Whale Transfers $2.9 Million in HYPE to HyperLend as Potential Collateral

A whale address, 7bfee.eth, transferred $2.9 million in HYPE to HyperLend, possibly for use as borrowing collateral. According to Foresight News, the address currently holds $23.55 million in HYPE and HYPE staking tokens, which account for 86% of its $27.27 million portfolio.