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

February 26: Stripe co-founder and president John Collison said in a recent interview that as AI agents become independent economic entities over time, the global financial infrastructure will need a fundamental overhaul to meet "machine-to-machine (M2M)" payment demands. While this trend is widely discussed, large-scale transactions of this kind haven’t emerged yet—but that day is near. Stripe expects to see meaningful agent-to-agent transaction volume this year, and a top priority now is building systems tailored specifically for AI agent transactions. Collison added that Stripe’s heavy bet on USDC also ties into this trend. Stripe co-created the new blockchain Tempo with crypto investment firm Paradigm because the future requires an extremely scalable blockchain—existing chains fall short due to technical trade-offs. Tempo is built from scratch for high scalability. “This capability is critical for humans, but even more so for AI agents,” Collison noted. “Tempo is thus one of our

Feb 25th — Hyperliquid’s largest ETH long position holder added another 15,000 ETH to its position this morning, per EmberCN monitoring. The entity now holds a total of 120,000 ETH in long positions, with a combined value of $230 million. Its unrealized loss has narrowed to $10.35 million. Breakdown of the two addresses: - Address 1: Holds 70,000 ETH in long positions opened at $1991, with a liquidation price of $1362. - Address 2: Holds 50,000 ETH in long positions opened at $2012, with a liquidation price of $1350.

Feb. 25 — Per Whale Alert data, the USDC Treasury has minted an additional 2.5 billion USDC on the Solana blockchain.

On February 25, per on-chain analysis from @Route2FI: - A whale holds a $24 million long position in ARC on perpetual DEX Lighter, executing $360k hourly dollar-cost averaging via TWAP (Time-Weighted Average Price) to support the long side. - The whale has netted $5 million in profits. - Lighter’s ARC perpetual contract annualized funding rate has surged to 2100% (~5.7% daily for short sellers), drawing more shorts and escalating the long-short tug-of-war. Route2FI noted the whale’s moves mirror the 2025 JellyJelly manipulation case on Hyperliquid: - A Hyperliquid whale heavily shorted JELLY perps while inflating spot prices via alternative accounts and on-chain transactions, triggering short-side liquidations. - Hyperliquid’s HLP (liquidity pool) incurred losses post-settlement; the team urgently voted to delist JELLY and force settlements at a sharply reduced price. Route2FI added the whale’s current intent remains unclear. Unlike Hyperliquid’s HLP (which absorbs liqu

On February 25, iliensinc—co-founder of Hyperliquid—said in the official Discord channel that 173,000 HYPE tokens from Hyperliquid Labs will be unlocked today and distributed to team members on March 6.

February 25 — Bank of America said in its latest report that it expects gold prices to hit $6,000 per ounce over the next 12 months. Additionally, while the current jump in silver prices could potentially speed up a drop in solar panel demand, the metal is still on track to top $100 per ounce again this year. (FXStreet)