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

On February 9, data from Coinbob Popular Address Monitor reveals that the on-chain HYPE whale holding the largest long position—identified as "Hyperliquid early contributor Loracle"—has netted approximately $11.5 million in profit over the past week. The strategy driving these gains combines **continuous HYPE longs** with **intraday swing trades of BTC and ETH**. In less than a month, the account’s balance has surged from under $7 million to roughly $41.1 million (a nearly 6x increase), with only one large $7.44 million capital inflow during this period. ### Key Details: - **Current Positions**: The address is both the largest HYPE long and largest BTC short on Hyperliquid. Its playbook: long-term HYPE holdings + swing trading BTC/ETH. - **Recent Trades**: Last weekend, 4 swing trades in 2 days: 1. $6.37 million profit from BTC/ETH shorts; 2. Reversed to longs, adding $3.82 million more gains. Overnight and this morning, it opened new BTC/ETH shorts to continue th

Feb 9: TheDataNerd’s monitoring shows a newly created wallet withdrew 10 million USDC from Coinbase this morning to accumulate WLFI, purchasing a total of 74.5 million tokens equivalent to approximately $8.45 million.

February 9th: - Bitget market data shows spot silver surged 5.00% intraday, last trading at $81.72 per ounce. - Guotai Silver LOF, an A-share commodity futures-themed fund, resumed trading today after hitting the lower limit—only to reverse course and surge, now up 6.26% at 3.293 yuan.

On February 9, U.S. Treasury Secretary Janet Yellen proposed holding the confirmation hearing for Wall’s Federal Reserve nomination concurrently with the investigation into current Fed Chair Jerome Powell. Earlier, Republican Senator Thom Tillis stated he intends to delay the selection of the next Fed chair until the Department of Justice (DOJ) concludes its probe into Powell. Though Tillis supports Wall’s appointment as Fed chair, as a member of the Senate Banking Committee, he has repeatedly vowed to block the nomination until the DOJ uncovers the full truth to uphold the Fed’s independence. Tillis’s vote is critical: Republicans hold 13 of the 24 seats on the Senate Banking Committee, and they could unite to confirm Wall’s nomination. But with Tillis defecting, a tie vote is possible.

Feb 9: Total assets of U.S. Bitcoin spot ETFs have fallen below $100 billion, now at $99.16 billion—down ~40% from the October 2023 peak of $165.15 billion. Since their official launch in January 2024, cumulative inflows total 689,180 BTC, worth $55.01 billion. In holdings: BlackRock’s IBIT leads with 765,200 BTC, followed by Fidelity’s FBTC (198,400 BTC) and Grayscale’s GBTC (159,600 BTC).

On February 9th, Daniel, founder of Liquid Capital (formerly LD Capital), posed for a photo with SharpLink’s Chief Information Officer and Chief Development Officer, and stated: “We’re continuing to build for Ethereum alongside SharpLink, remaining confident and committed to our ongoing efforts.”