Due to the listing of a Korean won trading pair on Upbit, POKT experienced a short-term surge of over 400%.

Update as of May 31st. Based on Onchain Lens monitoring, James Wynn has liquidated his long positions in BTC (with 40x leverage) and PEPE (with 10x leverage), resulting in a loss of 2.81 million USD. As of now, the total realized loss of James Wynn has reached 17.72 million USD.

On May 31, according to official sources, Binance Alpha has launched TAIKO.

On May 31, according to official channels, Binance Alpha has now initiated Taiko (TAIKO). Qualified users with at least 205 Alpha points are eligible to claim an airdrop of 130 TAIKO tokens starting at 14:00 GMT+8 on May 31, 2025, on the Alpha event page. It should be noted that claiming the TAIKO airdrop will consume 15 Alpha points. Users are required to complete the claim within 24 hours after the claim opening; otherwise, it will be regarded as a waiver of the airdrop.

On May 31st, as reported by Cointelegraph, the reserve level of Bitcoin exchanges has reached a new low. BTC is continuously flowing out of centralized platforms, suggesting that whales, institutions, governments, and other entities are increasingly inclined towards non-custodial storage for long-term holdings.

On May 31st, according to CoinGecko data, the total cryptocurrency market capitalization has fallen below $3.4 trillion and currently stands at $3.365 trillion, experiencing a 24-hour decrease of 4.7%.

On May 31st, according to Coinglass data, if Bitcoin drops below $102,000, the cumulative long liquidation intensity of mainstream CEXs will reach $987 million. Conversely, if Bitcoin goes above $105,000, the cumulative short liquidation intensity of mainstream CEXs will reach $476 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which reaching a certain price level will have an impact. Higher "liquidation bars" indicate that when the price reaches that level, it will trigger a more intense response due to a liquidity cascade.