Binance Alpha Box for this round includes FOLKS and FOREST airdrops, with a participation threshold of 230 points.

On June 3rd, per LookOnChain monitoring, a specific smart money address has logged a 23-win streak over the past three days, pocketing $1.23 million in profit. This morning, the entity added a 20x leveraged Bitcoin short position holding 1,040 BTC. It now faces an unrealized loss of $874,000, with a liquidation price set at $70,084.9.

June 3rd. Market data shows the USD/JPY pair today briefly surged above the 160 threshold, hitting a high of 160.44 before pulling back to around 159.90. At the same time, the Nikkei 225 Index broke through the 68,000 level for the first time, climbing to a session high of 68,634.74 in afternoon trading, up 2.9%. This key mark sits just below the psychological barrier that preceded major intervention from Japan’s Ministry of Finance. Latest data from Japan’s Ministry of Finance reveals that between April 28 and May 27, authorities spent a total of 11.7349 trillion yen on foreign exchange intervention—buying yen and selling foreign currencies to cap yen short positions. The most recent CFTC report (as of May 26) shows non-commercial accounts held 112,993 long yen futures contracts and 227,660 short positions, leaving a net short of 114,667, a rise of 27,152 from the prior week. Crowded yen shorts have not fully unwound; instead, traders are adding to their bets, meaning carry trades

On June 3rd, on-chain analyst Ai Auntie (@ai_9684xtpa) reports that a crypto whale entity which previously earned $44.61 million in profits from longing Ethereum (ETH) has fully liquidated those gains. According to related updates, four addresses tied to the same entity hold a combined long position of 120,000 ETH, with a total position size reaching $225 million. As of now, the group is sitting on an unrealized loss of $46.01 million. Their ETH liquidation range spans from $1,355.8 to $1,573.9, and their most vulnerable position is only $300 away from triggering liquidation. Earlier this morning, two of these involved addresses added $4.9 million in margin to avoid being liquidated.

June 3. This week, Bitcoin saw a panic-driven sell-off, falling more than 10% from its $74,000 peak at one point—pressured by concerns related to Strategy and outflows from AI-focused funds. The cryptocurrency has since retraced and is now consolidating within its annual low range. Notably, despite the price drop, Bitcoin’s perpetual futures open interest has paradoxically climbed to 784,400 contracts, near a historical high. Killa, a prominent trader who accurately called the May 2025 bull market peak, commented that such a scenario often signals a critical top or bottom and warrants close monitoring.

June 3 Update Since the start of this year, Binance has rolled out 69 TradFi perpetual contract products (excluding the six announced today). The offerings cover major commodities like gold, silver, crude oil, alongside popular U.S. stocks, Korean equities, and index ETFs. Nearly all these products see robust trading activity on Binance. As of press time, the top five actively traded varieties today are CTI Crude Oil, Gold, MRVL, Silver, and Micron. Twelve of these contracts boast daily trading volumes exceeding $100 million, while only nine register volumes under $1 million. Notably, DEX platform trade.xyz – which focuses exclusively on TradFi perpetual contracts – currently lists approximately 80 such contracts, including several that haven’t formally launched trading (for example, MINIMAX). While most of trade.xyz’s products are less active than Binance’s, the platform holds a leading position in open interest for mainstream trading pairs like the S&P 500 and XYZ100 index co

June 3rd – Per Hyperinsight monitoring, yesterday morning, the “HYPE Spot Main Trader” conducted another large-scale Time-Weighted Average Price (TWAP) purchase of HYPE spot on the Hyperliquid platform. Total investment hit $20.35 million, calculated at $72 per HYPE coin for full order execution. The whale split its accumulation across 10 addresses and plans to continue buying over the next 24 hours, with breakdowns as follows: - Last evening: Unfilled TWAP orders totaled 111,500 HYPE coins, valued at roughly $8.02 million. - This morning: 5 additional orders were placed, now in early execution phases, targeting 171,000 HYPE coins (approx. $12.32 million). Per incomplete stats, the whale has accumulated over 551,200 HYPE coins in the past three days, worth more than $40 million. Each buying round almost single-handedly accounted for the vast majority of HYPE’s TWAP buy volume, nearly driving HYPE’s net TWAP buying trend entirely on its own over the past three days. Funding