Whale James Wynn Deposits 2.4 Trillion PEPE to CEX, Equivalent to $3.36 Million

On May 29th, Glassnode posted on social media that within the past 24 hours, the open interest of the TON perpetual contract witnessed a surge of 33%, increasing from $1.43 billion to $1.9 billion and reaching the highest level since February 18th. It is worthy of note that even after the price pullback, the open interest has remained at a high level. Historical data indicates that similar spikes in open interest often foreshadow price pullbacks and therefore deserve close attention.

On May 29th: The Real World Asset Finance (RWAfi) public chain project Plume posted on social media today and disclosed that the co-founder Eugene unfortunately passed away earlier this week. The official statement indicated that the Plume community held great significance for Eugene as he dedicated himself wholeheartedly to the Plume team and community. The team will deeply remember him and will continue to ensure that the Plume technology he assisted in building continues to inspire innovation and move forward in on-chain living. It is known that Eugene YQ Shen previously worked at Robinhood and dYdX and co-founded the Plume Network as the Chief Technology Officer in 2022.

On May 29th, CryptoQuant officially launched data on social media. It stated that its transaction volume bubble chart indicates that the spot trading volume of ETH is cooling down, while the contract trading volume is overheating. For ETH traders, this presents a potential warning signal.

On May 29th, according to The Block, a Russian bank announced on Wednesday that it is currently enabling financial institutions to offer financial derivatives, securities, and digital financial assets linked to cryptocurrency prices to qualified investors. It is worthy of note that in its Wednesday announcement, the Bank of Russia stated that the conditions for allowing such issuance are that these issuances must be "non-deliverable," indicating that investors can be exposed to cryptocurrency price fluctuations but cannot access the actual digital assets. The Bank of Russia stated in the announcement: "Credit institutions are advised to adopt a conservative approach in assessing the risks associated with these instruments: provide them with full capital coverage and set separate limits for them." It also added that further guidance on such risks will be provided later this year.

On May 29th, according to an official announcement, OKX has successfully completed the EOS (EOS) token swap and will list the new asset Vaulta (A). Users can access the "Asset Management> My Assets> Funding Account" page to view the new asset Vaulta (A). The specific schedule is as follows: The opening time for depositing A: 3:00 PM (UTC+8) on May 29, 2025. The auction time for A/USDT: 5:00 PM to 6:00 PM (UTC+8) on May 29, 2025. The start time of A/USDT spot trading: 6:00 PM (UTC+8) on May 29, 2025. The opening time for withdrawing A: 10:00 PM (UTC+8) on May 29, 2025.

On May 29th, as per official channels, Bitget is set to list the Ripple stablecoin Ripple USD (RLUSD) on its Innovation Zone and Web3 Zone. The deposit channel has been opened, and the trading channel will become active at 18:00 on May 29th (UTC+8).