Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

According to Lookonchain monitoring, U.S. government wallets have deposited 3,941 BTC (valued at approximately $244 million) and 30,007 ETH (valued at roughly $53.09 million) into Coinbase Prime over the past 8 hours, with a total transfer value of around $297 million.

According to on-chain data, Circle minted an additional 750 million USDC on the Solana network this morning. Year-to-date, Circle has issued a total of 68.26 billion new USDC on Solana.

According to Bitget market data, South Korea's KOSPI index plunged rapidly after opening, with an intraday decline of 1.00%. SK Hynix fell more than 3%, while Samsung Electronics dropped 1.57%.

CITIC Securities’ research note notes that recent renewed U.S.-Iran tensions have disrupted the situation. The firm argues that fundamental flaws in the U.S.-Iran Memorandum of Understanding (MOU) have led to difficulties in its implementation, and the current impasse between the two sides carries potential long-term risks. The situation remains stuck in a cycle of failed stable agreements, intermittent military clashes, and periodic disruptions to navigation in the Strait of Hormuz. Market expectations generally hold that this year’s U.S. midterm elections will constrain the Trump administration’s military actions, but CITIC Securities believes that as the likelihood of the Republican Party losing control of the Senate continues to decrease, pressure on the administration over issues including the Supreme Court, impeachment investigations, and election disputes will be limited, meaning the market may have overestimated the midterms’ impact on the Trump administration’s actions.

According to monitoring by Onchain Lens, a newly created address withdrew 30,000 ETH from Coinbase Prime, with a value of approximately $52.84 million.

According to U.S. Central Command (CENTCOM), at 4:45 p.m. Eastern Time today, CENTCOM launched its third consecutive night of strikes against Iran. The operations will continue to impose heavy costs on Iranian forces and degrade their ability to attack commercial shipping in the Strait of Hormuz.