Hyperliquid: Platform's Open Interest Reaches All-Time High, Surpassing $10.1 Billion

On May 28th, Grayscale announced the commencement of the AI Cryptocurrency Industry Sector. AI will transform into the sixth industry sector and will encompass tokens that were formerly categorized under other market sectors. All other index criteria will persist without alteration. The newly established Artificial Intelligence sector encompasses 20 assets with a combined circulating market capitalization of approximately $20 billion. At this magnitude, the AI Cryptocurrency sector is the smallest segment market, accounting for roughly 0.67% of the total market capitalization. In contrast, the Financial sector is the third-largest sector with a market cap of around $519 billion. Grayscale deems that the relatively small size of this cryptocurrency sector indicates that many projects are still in their early stages. The new sector incorporates the tokens as depicted in the infographic.

On May 28th, as monitored by lookonchain, whale James Wynn sold 24 billion PEPE and received 3.32 million US dollars in order to fund his long position in BTC.

On May 28th, as reported by Bitcoin Magazine, Hunter Horsley, the CEO of the $12 billion crypto asset management firm Bitwise, disclosed at the Bitcoin 2025 conference that if wealth management firms were to allocate 1% of their investments to Bitcoin, it would bring "hundreds of billions of dollars" into the Bitcoin market.

On May 28th, the Reserve Bank of New Zealand reduced its policy rate from 3.50% to 3.25%, which was the sixth consecutive rate cut and in line with market expectations. (Xinhua)

On May 28th, as monitored by spotonchain, in the past 15 hours, 6 newly created wallet addresses have withdrawn 9230 ETH (approximately $24.55 million) from OKX and Kraken, with an average price of $2660.

On May 28th, based on lookonchain's monitoring, whale James Wynn has just deposited 24 billion PEPE tokens (approximately $3.36 million) into Binance.