Injective (INJ) slipped about 5% after breaking above $6.29 and briefly reaching $7.14, with some short-term holders taking profits as Bitcoin entered a corrective phase. Momentum indicators stayed constructive at press time, and traders are watching whether $6.29–$6.40 can hold as support or if price revisits the $5.80–$6.20 demand areas.

A purported AI-powered crypto trading operation linked to Nathan Fuller is facing SEC scrutiny over claims he raised $12.3 million from investors between 2022 and 2024. The SEC alleges only 3% of the funds went to real trading, while about $6.2 million was used for personal spending and $5.5 million was paid out to earlier investors.

BNB has shifted from weeks of range trading into a breakout after pushing above $700 and rallying to $746.11 before light profit-taking. Market structure now shows $700 turning into support, with indicators such as RSI at 72.4 and price holding above key EMAs. Derivatives positioning has also expanded, with Open Interest at $904 million and positions up 30.5% over 24 hours, increasing both upside momentum and volatility sensitivity.

Hyperliquid's HYPE extended its May advance to a new all-time high of $70.36 after consolidating near $54 and then breaking through several resistance levels on rising volume. A whale deposited $3.12 million in USDC to buy 45,887 HYPE at an average $68.09, while open interest stood at $3.3 billion at press time as Arthur Hayes' $150 target added to bullish positioning.

XRP held near a 15-week low after Exchange Inflows rose by 22.8 million XRP on May 28, a move often linked with potential sell pressure. Between May 29 and May 30, about 25.24 million XRP reportedly left exchanges, while price stayed in a tight $1.33-$1.35 range and RSI rebounded to 54.5.

Sui (SUI) is trading around $0.86–$0.90 after failing to regain $1.00, with the broader structure still defined by lower highs and lower lows since a rejection near $3.80. Operational concerns added pressure after May 28 mainnet block production halted and another stall followed within 24 hours, while a June 1 unlock is set to add 23.78 million SUI to circulating supply.

The broader crypto market slid from mid-May highs near $2.75–$2.80 trillion to around $2.48 trillion between May 24 and May 30, wiping out more than $300 billion in value. Trading activity stayed elevated with $89.65 billion in 24-hour volume, while liquidations over the past 24 hours totaled $282.08 million, led by $80.99 million in BTC and $59.20 million in ETH. On May 29, Bitcoin and Ethereum ETFs posted $148.8 million in net outflows, adding to a wider pullback of more than $1.2 billion as leverage and risk appetite cooled.

Hyperliquid's HYPE climbed above $67 into new all-time-high territory, while some early holders began taking profits, including a wallet that realized roughly $95 million in gains. A whale also opened a combined $12.8 million leveraged short across HYPE and Lighter (LIT), even as HYPE stayed above $65 and the position showed nearly $200,000 in unrealized losses at press time. The next move hinges on whether ongoing inflows can keep absorbing distribution and bearish positioning.

Ethereum is showing a fragile setup after Binance derivatives Open Interest rose by about 336,000 ETH on May 28, even as price conditions weakened. Leverage growth alongside heavy sell-side flow increases liquidation risk near $1,950–$2,000, though a return of spot demand could still spark a squeeze.