A certain whale went long on leverage, with a 40x long position worth approximately $30.6 million in BTC

May 28 – U.S. Treasury Secretary Bennett announced Wednesday that the "Trump Account" App is now available for download across all major app stores. “For far too long, financial markets have been out of reach for millions of American families,” Bennett said in a prepared statement. “We are proud to launch this app—a historic tool that delivers the President’s policy vision straight to U.S. households. Download the app today to get your children set for the official program launch on July 4.” The "Trump Account" (officially designated the 530A Account) is a tax-advantaged investment account authorized by President Trump on June 9, 2025, under the “Bigger and Better” Act. It is a government-backed savings initiative for U.S.-citizen children born between January 1, 2025, and January 1, 2029. Initial funding for the accounts comes from three core sources: federal government grants, private donations, and family contributions. The federal government will provide $1,000 in seed funding for

May 28 – The Public Relations Office of Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy issued a statement noting that 26 commercial vessels and oil tankers safely transited the Strait of Hormuz over the past 24 hours after securing permission and coordinating with the IRGC Navy. The statement emphasized that prior approval and coordination are mandatory for navigation through the Strait of Hormuz. It added that passage via alternative routes will be considered a disruption to maritime operations and handled appropriately. Last night, several ships attempted to illegally enter the Persian Gulf by tampering with or disabling their navigation systems. After multiple radio warnings from the IRGC Navy, two vessels were intercepted and stopped, while the rest were forced to turn back. The statement also accused the U.S. military of violating regional ceasefire agreements by launching several missiles into an unpopulated area near Bandar Abbas Airport. Though no damage was reported, I

On May 28th, according to LookOnChain’s monitoring, the whale with address 0x0df2 deposited 6.2 BTC (roughly $455,000) on the HyperLiquid platform to open a short position of 145.42 BTC (around $10.66 million). After earning a profit of $311,600, the whale closed the position quickly, then immediately reversed course to open a long position with 416.6 BTC at 40x leverage—totaling approximately $30.6 million. The take-profit price for the long trade was set at $74,400, targeting an expected profit of $439,000, with the liquidation price standing at $72,430.

May 28 — U.S. Central Command announced that at 10:17 p.m. Eastern Time on May 27, Iran launched a ballistic missile at Kuwait, which was successfully intercepted by Kuwaiti military forces. (Xinhua News Agency)

May 28th brings a critical update for crypto derivatives: the Chicago Mercantile Exchange (CME) will launch 24/7 trading for Bitcoin futures and options this Friday, with only a 1-hour system maintenance window each Sunday between 22:00 and 23:00 UTC. This change will effectively eliminate the long-watched "CME gap" phenomenon. Previously, CME Bitcoin futures paused trading from Friday’s close through Sunday, while the broader Bitcoin spot market operated nonstop. This disconnect regularly formed what traders call a "CME gap," spurring widespread "gap-filling" trading strategies. Analysts view this move as CME continuing to align with crypto’s native 24/7 market structure, which will reduce institutional exposure to weekend risk and enhance hedging efficiency. However, institutional liquidity remains concentrated in ETF options and offshore perpetual futures contracts, per industry observations. Cole Kennelly, CEO of Volmex Labs, highlighted the stark open interest gap: BlackRock’s

On May 28, Iran’s Islamic Revolutionary Guard Corps (IRGC) announced that Iran remains in full control of the Strait of Hormuz and will give a "decisive response" to any interference attempts. (Golden Finance)