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

Local time March 2 — Israeli sources report the Israeli military is preparing for a possible ground offensive along the Lebanon border, aimed at establishing a front line. (CCTV)

On March 2nd, per Coinbob’s Popular Address Monitoring, at 16:23, the "pension-usdt.eth" address (0x0ddf...) opened continuous 3x leveraged BTC long positions around $65,691 per BTC. Its current position size has hit 263 BTC—roughly $17.4 million—and is still growing. Based on its recent trading activity, the position could reach 1,000 BTC once this round of accumulation wraps up. This address typically profits from swing trading, with a strategy centered on low leverage, short holding periods (average ~20 hours), and large positions in BTC and ETH. Since last October, its cumulative profits have exceeded $20 million.

March 2 — Japanese yen stablecoin issuer JPYC has signed a strategic partnership memorandum of understanding (MOU) with Sony Bank and its Web3 subsidiary BlockBloom. The partners plan to integrate real-time bank account transfer functionality into the JPYC EX platform, letting users buy JPYC directly from their Sony Bank accounts without manual remittance. They also aim to explore collaborations with entertainment IPs (such as music and games) to use JPYC for digital content purchases and fan rewards.

March 2nd — Per HyperInsight (https://t.me/HyperInsight) monitoring, the former largest BTC long position address (0xdf1) incurred another 4 liquidations in the past hour, totaling ~$3.9M in liquidated value. To date, this address has faced 24 liquidations in 24 hours: its account funds have tanked from a high of ~$2.66M yesterday to just $140k, a drop of over 94.7%. The next liquidation price for its remaining BTC position is ~$65,370. On the morning of March 1, after the official report of the assassination of Iran’s Supreme Leader Ali Khamenei, the address quickly ramped up a 40x leveraged long position on BTC — likely betting on an imminent end to the conflict and a market rebound. Its BTC long position peaked at 1,000 BTC (~$66.83M at the time), making it the largest on-chain BTC long position then, with a liquidation price of ~$66,560. However, the funds for this high-stakes bet didn’t come from additional margin — they came from unrealized profits on a SOL long position. O

March 2 — Israeli media GLZRadio reports Germany is reportedly seriously weighing joining a conflict with Iran. A German source says joint plans with the U.S. are already in motion, and Berlin could directly participate in airstrikes or provide military support. Additionally, Israel’s defense minister stated the leader of Iran’s Hezbollah has now become a target for elimination.

March 2nd — On-chain analyst Murphy notes Bitcoin’s (BTC) historical average cost of ownership (≈$64,500) is a reliable gauge of market sentiment. This level acts as a psychological threshold: the price recently tested it multiple times (Feb 23-24, Feb 27-28) — dipping below before bouncing back, showing strong bullish defense at this key support. US-Iran geopolitical tensions have now materialized, with focus shifting to the conflict’s scope, duration, and impact on oil prices. Over the weekend, limited institutional and market maker participation meant bearish momentum lacked the strength to push BTC below $60k quickly. The $64,500 historical cost level’s support is set to be reaffirmed when US stock markets open later today.