An entity pledged 1.49 million HYPE tokens worth 88.2 million US dollars through 8 wallets

According to Onchain Lens monitoring, an entity pledged 1.49 million HYPEs worth approximately $88.2 million through 8 wallets, with a single pledged quantity ranging from 115700 to 390400. On chain data shows that all wallets have been held since extracting HYPE from Bybit about 9 months ago.