A newly created address withdrew $25 million from a CEX and borrowed 400,000 HYPE tokens.

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On January 19, according to Onchain Lens monitoring, a newly created address withdrew 25 million USDT/USDC from Binance and OKX, deposited 5 million USDC into HyperLiquid, provided 20 million USDT to HyperLend, and borrowed 400,000 HYPE.

In addition, the whale has transferred 5 million USDC to the HyperLiquid spot trading platform.

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