If Bitcoin breaks through $86,000, the mainstream CEX aggregate short liquidation intensity will reach 9.12 billion

Per Onchain Lens monitoring on May 7, a wallet linked to Matrixport deposited 403,290 HYPE into HyperLiquid (valued at $17.3 million) and sold 10,000 HYPE at $42.38 apiece (totaling $4.238 million). The wallet still holds 303,290 HYPE (~$13 million) and may sell the remaining portion.

May 7 — OKX will list Pre-IPO trading pairs for SpaceX/USDT, OpenAI/USDT, and Anthropic/USDT on May 7, per official sources, with support for up to 5x leverage. ### Notes on U.S. language habits adjustment: 1. **Company name capitalization**: Used standard case (SpaceX, OpenAI, Anthropic) instead of all caps (more natural for U.S. business/finance communications). 2. **Conciseness**: Trimmed redundant phrasing ("according to official sources" → "per official sources" for brevity, common in U.S. quick updates). 3. **Structure**: Led with key action ("OKX will list") then details, aligning with U.S. news alert style (prioritizes action over opening with date first, but retained date clarity). 4. **Leverage expression**: "support for up to 5x leverage" is natural for U.S. crypto/trading contexts.

On May 7th, Real Vision co-founder and CEO Raoul Pal spoke at the Consensus 2026 conference in Miami, sharing these key insights: - Humanity is at an unprecedented historical turning point. We’re on the cusp of seeing AGI entities that outpace humans in intelligence, flexibility, and power—with AI capabilities doubling annually right now. By 2028, AI’s annual text output will exceed all human text production in history, and all of this will unfold within 5 years. - When AI massively replaces human labor, the solution isn’t traditional Universal Basic Income (UBI)—it’s “Universal Basic Equity.” For the first time ever, ordinary people can directly own the underlying network by holding crypto infrastructure tokens, reaping benefits as the Agent economy expands. Institutional entry into the space hasn’t strayed from the crypto ethos; instead, it lets anyone worldwide buy BTC, ETH, SOL on the same footing as firms like BlackRock. - In a rapid-fire Q&A, Pal said if he had to choose

May 7 — BNY Mellon, the world’s largest custodian overseeing $59 trillion in assets, is expanding its digital asset custody business to the United Arab Emirates (UAE) via local partners. In a Thursday press release, the global financial giant announced collaborations with Finstreet and the ADI Foundation to build regulated digital asset infrastructure in Abu Dhabi Global Market (ADGM) — a financial free zone that’s become a Middle East hub for crypto firms and blockchain projects. The initial phase will focus on custody for cryptocurrencies like Bitcoin (BTC) and Ether (ETH), with plans to add stablecoins and tokenized assets later. “The UAE is entering a new phase of financial development marked by deeper markets, more mature digital technologies, and stronger global connectivity,” said Hani Kablawi, BNY Mellon’s Executive Vice Chairman. “With our world-class capital markets capabilities and scale, BNY Mellon is uniquely positioned to collaborate with clients, bridging tradit

On May 7th, Coinglass data shows Bitcoin surged in early trading to nearly $83,000 before pulling back. Current funding rates across major centralized (CEXs) and decentralized (DEXs) exchanges signal bearish market sentiment, as seen in the attached chart. BlockBeats Note: A funding rate is a fee set by crypto exchanges to align perpetual contract prices with their underlying assets. It facilitates fund transfers between long and short traders—exchanges do not collect this fee. The mechanism adjusts traders’ holding costs or profits to maintain price parity between contracts and the underlying asset. A 0.01% funding rate marks the baseline. Rates above 0.01% indicate a generally bullish market, while those below 0.005% point to bearish sentiment.

May 7th — Per HyperInsight monitoring, TradeXYZ conducted active trading via the HIP-3 protocol on the traditional asset mapping contract of the Hyperliquid platform (link: https://app.hyperliquid.xyz/join/NTOD). Daily trading volume surged 30.4% week-over-week to $3.3 billion, while open interest edged up 4.78% to approximately $22.1 billion. A divergence has emerged in traditional asset holdings: amid ongoing oil price declines, WTI and Brent crude positions were sharply reduced—their combined holdings dropped 59% week-on-week to $539 million. Meanwhile, the U.S. stock market’s strong performance supported overall open interest at elevated levels. S&P 500 Index contracts drew inflows amid their rally, driving up open interest and making the index the fourth-largest asset by open interest on the Hyperliquid platform.