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

May 26 – Cryptocurrency analyst Axel Adler Jr. noted that even though Bitcoin (BTC) recently reclaimed the $77,000 mark, net inflows into exchanges paired with continuous outflows from U.S. spot Bitcoin ETFs are still creating localized selling pressure in the market. Data shows over the past week, roughly 18,000 BTC has flowed into exchanges net—meaning more coins are being moved to platforms for sale. At the same time, U.S. spot Bitcoin ETFs saw net outflows of around 16,000 BTC in that same period. Combined, this adds up to potential selling pressure of roughly 34,000 BTC. Glassnode data also indicates that the daily trading volume of spot BTC ETFs has dropped below $20 billion, down from over $50 billion at the end of 2025—a sign that speculative demand from traditional finance channels is cooling. However, market sentiment has improved recently due to expectations of a U.S.-Iran peace agreement. BTC quickly rebounded to around $77,800 after falling below $75,000. Derivatives dat

According to Bitget data, South Korea's KOSPI index surged above 8,100 points on May 26, hitting a record high and posting a 3.24% intraday gain.

On May 26, data from HTX shows Bitcoin dipped below $77,000, posting a 0.27% loss in the 24-hour period. Ethereum also fell below $2,100, with a 0.35% drop over the same timeframe.

On May 26, U.S. President Trump said Iran’s enriched uranium will be immediately transferred to the U.S. for destruction, or handled inside Iran under international supervision. Axios views this as a sign of a softening U.S. stance on Iran’s enriched uranium stockpile issue, moving closer to Iran’s prior position. Earlier, Trump mentioned negotiations with Iran on a temporary deal to extend the ceasefire and reopen the Strait of Hormuz are “progressing smoothly,” signaling the U.S. and Iran are close to reaching an agreement. Multiple media outlets have laid out the potential terms of the U.S.-Iran draft agreement. Al Jazeera reports the draft would let the Strait of Hormuz open freely and require removing mines, with navigation there restored within 30 days. It says the U.S. will commit to easing its blockade on Iranian ports, and Iran will be allowed to sell and export oil—with a phased rollback of oil sanctions being considered. Nikkei Asia adds the ceasefire deal struck in early A

May 26 — Official updates confirm Hyperliquid has rolled out support for "spec markets" tied to off-chain events. These markets are distributed via automated news feeds operated by the network’s validators and form part of Hyperliquid’s regular on-chain operations. Validators will vote on the launch and settlement of spec markets, evaluating factors such as rule clarity, outcome accuracy, and overall subjective market quality. Per Hyperliquid’s official website, the first off-chain event-based prediction market contract went live at 20:00 on May 25. Titled "US May CPI Year-over-Year Growth Rate," the contract held $12,800 in unclosed positions and logged $10,300 in total trading volume in the roughly 12 hours following its debut.

On May 26th, data from LookOnChain reveals that a whale opened a 10x leveraged long position over the last 10 hours, purchasing 2.34 million NEAR tokens valued at around $6.45 million. Additionally, the whale set a limit order to buy an extra 813,000 NEAR tokens at a $2.46 price point, with the planned total for this upcoming purchase reaching $2 million.