BlockBeats News Update, May 31st, according to Onchain Lens monitoring, James Wynn has liquidated his BTC (40x leverage) and PEPE (10x leverage) long positions, incurring a loss of 2.81 million USD. As of now, James Wynn's total realized loss has reached 17.72 million USD.

BlockBeats News, May 31, according to official sources, Binance Alpha has now launched Taiko (TAIKO). Eligible users with at least 205 Alpha points can claim airdrop of 130 TAIKO tokens starting from 14:00 (UTC+8) on May 31, 2025, on the Alpha event page.

Please note that claiming the TAIKO airdrop will consume 15 Alpha points. Users need to complete the claim within 24 hours after the claiming opens, otherwise, it will be considered a forfeit of the airdrop.

BlockBeats News, May 31, according to official information, Binance Alpha has launched TAIKO.

BlockBeats News, May 31st, according to Cointelegraph, the reserve level of Bitcoin exchanges hits a new low. BTC continues to flow out of centralized platforms, indicating that whales, institutions, governments, and other entities are increasingly favoring non-custodial storage for long-term holding.

BlockBeats News, May 31st, according to CoinGecko data, the total cryptocurrency market cap has dropped below $3.4 trillion, now standing at $3.365 trillion, with a 24-hour decrease of 4.7%.

BlockBeats News, May 31st, according to Coinglass data, if Bitcoin falls below $102,000, the cumulative long liquidation intensity of mainstream CEXs will reach $987 million.

Conversely, if Bitcoin surpasses $105,000, the cumulative short liquidation intensity of mainstream CEXs will reach $476 million.

BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. Higher "liquidation bars" indicate that the price reaching that level will trigger a more intense response due to a liquidity cascade.

BlockBeats News, May 31, on May 30 local time, European Commissioner for Trade and Economic Security Shevchovich held a call with U.S. Secretary of Commerce Lutenik. Shevchovich emphasized that both sides should continue to advance cooperation, committed to finding forward-looking solutions to ease the current trade tensions. On the same day, European Commissioner for Economic Affairs Dombrovskis stated that against the increasingly complex global backdrop, the EU remains committed to an open external strategy. Currently, EU-U.S. trade negotiations are at a critical stage, with both sides striving to reach an agreement before July 9. Dombrovskis stated that the EU is always committed to finding a negotiated solution with the U.S. However, the prospects for trade negotiations between the EU and the U.S. remain uncertain. (Oxpecker)

BlockBeats News, May 31, according to Farside Investors monitoring, yesterday the net inflow of the US Ethereum spot ETF was $70.2 million.

BlockBeats News, May 31st, according to Farside Investors monitoring, yesterday the US Bitcoin spot ETF saw a net outflow of $6.161 billion.

BlockBeats News, May 31st, SlowMist founder Cosmos said that a user's four sets of mnemonics were leaked, and the funds in the four corresponding wallet addresses were stolen. From the on-chain operation method, after the hacker address received the funds, they were all converted to ETH and then laundered through FixedFloat.

The longer the mnemonics/private key are used online and the more they are distributed for shared use, the more likely they are to be leaked, making it increasingly difficult to trace the cause of the leak.