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

As Bitcoin surges past $71,000, the $220 million worth of BTC and ETH held by the entity "Set 10 Big Goals First" has posted an unrealized loss of over $4.2 million. Specifically for Bitcoin: the entity holds 4x leveraged short positions totaling 2,236.384 BTC, with an entry price of $69,826.87, translating to an unrealized loss of roughly $3.52 million. For Ethereum (ETH): it holds 6x leveraged short positions totaling 29,316.677 ETH, with an entry price of $2,254.74, resulting in an unrealized loss of approximately $750,000.

According to Lookonchain monitoring, whale address 0x2d59 withdrew 30,000 ETH from Binance 20 minutes ago, worth approximately $67.42 million. Over the past three weeks, this address has cumulatively withdrawn 120,000 ETH from Binance, valued at around $237.7 million. Separately, Abraxas Capital withdrew 18,000 ETH from Binance today, worth about $39.56 million. Additionally, a newly created wallet address 0x2261 withdrew 6,704 ETH from Binance today, valued at roughly $14 million.

According to BIT (bit.com) market data, US stocks in the storage, Neocloud, optical communications, and semiconductor sectors posted broad gains during Thursday's pre-market trading. All storage stocks rose: SK Hynix (SKHY) gained 4.58%, SanDisk (SNDK) up 2.14%, Seagate Technology (STX) up 1.85%, Micron Technology (MU) up 1.70%, and Western Digital (WDC) up 1.39%. The Neocloud sector saw collective strength: Galaxy Digital (GLXY) up 2.28%, Cipher Digital (CIFR) up 2.20%, Nebius (NBIS) up 2.07%, Hut 8 (HUT) up 1.85%, and TeraWulf (WULF) up 1.81%. Most optical communications stocks advanced: Applied Optoelectronics (AAOI) up 2.55%, Credo (CRDO) up 2.21%, Coherent (COHR) up 1.81%, Lumentum (LITE) up 1.68%; Nokia (NOK) declined 0.20%. All semiconductor stocks rose: Broadcom (AVGO) up 1.21%, Lam Research (LRCX) up 1.17%, KLA (KLAC) up 1.15%, Arm up 0.98%, and AMD up 0.85%.

Gold prices have strengthened recently, surging past $4,500 per ounce intraday at one point, with a daily gain of over 3%. According to data from CoinGlass, the 24-hour trading volume of Bitget’s XAUT/USDT contract stood at approximately $21.19 million, a month-over-month rise of 34.05%.

According to market data from BIT (bit.com), U.S. crypto-related stocks extended their gains from the prior day during Thursday’s pre-market trading. Notable gainers include: BitMine (BMNR) up 7.81%, Strategy (MSTR) up 6.43%, SharpLink (SBET) up 5.28%, Coinbase (COIN) up 5.18%, Circle (CRCL) up 5.16%, Robinhood (HOOD) up 3.97%, American Bitcoin (ABTC) up 3.90%, Bullish (BLSH) up 3.16%, MARA up 2.80%, and Gemini (GEMI) up 2.29%.

According to HTX market data, Bitcoin has surpassed $71,000, with a 10.46% gain in the past 24 hours.