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

According to monitoring by Onchain Lens, a whale address has just withdrawn 340 BTC from Binance again, valued at approximately $20.34 million.

Battery technology firm Solidion Technology announced it will purchase shares in SpaceX (SPCX.O) as strategic reserve assets, with the initial SpaceX share allocation accounting for only a small portion of the company’s existing cash reserves.

According to Iran's Islamic Republic News Agency (IRNA) on the 29th, Iranian President Masoud Pezeshkian stated the same day that $6 billion of Iran’s $12 billion in assets frozen in Qatar will be unfrozen and returned to Iran.

According to Hyperinsight’s monitoring, over the past two hours, the whale codenamed "Commodities Trader" (0x9e8) on Hyperliquid—who previously pocketed $3.1 million from shorting crude oil—has opened a new 10x leveraged long position in MU (Micron Technology) worth $4 million, with an average entry price of roughly $1,155, and has now posted a small unrealized profit. On-chain large MU holders remain net bearish overall, with total positions of approximately $166 million: $67.45 million in longs and $98.17 million in shorts. The average entry price for whale long positions is $1,090.74, while that for short positions is $995.66. The recent short liquidation price stands at $1,352.65, and the recent long liquidation price is $738.42, meaning short liquidation pressure is likely to be released earlier than long liquidation pressure.

According to Hyperinsight monitoring, ZHIPU has fallen 28% from its recent high over the past week, currently trading at $251 on Hyperliquid, with a 3.8% drop in the last 24 hours. Alongside the price decline from its peak, the largest long position holder of ZHIPU on the platform is approaching liquidation, with only a $27 gap to the liquidation price of $224. This whale opened a $1.01 million long position on June 26 at an average entry price of $268.58, and is currently facing an unrealized loss of 63.5%. The main pressure factor in the market recently stems from the upcoming unlock of shares held by cornerstone investors on July 8. At that time, the number of free-floating shares is expected to increase approximately threefold from the current level, raising concerns about potential selling pressure.

According to Bitget's market data, the three major U.S. stock index futures continue to rise: the Dow Jones index futures are up 0.41%, the S&P 500 index futures are up 0.71%, and the Nasdaq 100 index futures are up 1.08%.