Upcoming Wipe - Anyone have details?

Hey guys, does anyone have any information on the upcoming game-wide wipe? I’ve heard a few things, but the only date I’ve gotten is June 4th. Is this correct? And does anyone have a general time for when it will happen?

Next week, in 5-6 days

When the next major update hits (June 4th is the day).

It’s due to them updating terrain again, mandatory wipes at the first update of every month.