A whale went 40x short on 44.15 BTC, with an average entry price of $92,359.7

May 5th data from Coinglass shows that if Bitcoin rises above $82,000, the total short liquidation intensity across major centralized exchanges (CEXs) will hit $590 million. Conversely, if Bitcoin falls below $78,000, the total long liquidation intensity on these major CEXs will reach $2.048 billion. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts set to be liquidated. Instead, the bars on these charts represent how significant each liquidation cluster is relative to adjacent clusters—this is referred to as "intensity." As such, the charts illustrate the extent to which the underlying asset’s price will be impacted when it hits a specific level. A taller "liquidation bar" means the price, once reached, will trigger a more intense reaction due to a liquidity cascade.

On May 5th, trader Eugene Ng Ah Sio shared his latest market take on his personal channel: He noted he hasn’t spoken up about crypto in a while—mainly because he lacked a clear view of the market. Trading crypto lately has felt like torture, he said, while the stock market offered far better opportunities (opportunity cost is real). Still, he finally spotted an opportunity he’s willing to bet on. His bullish call since his last post proved correct, he added—even though he got liquidated just before BTC’s final surge. For him, BTC’s $80k level is critical: it’s the first sign of reclaiming its range since the downtrend kicked off in September 2025. While a crypto-specific narrative is still missing, he believes price almost always leads fundamentals in this space. His take: if BTC can hold above $80k long enough, speculators will come back.

May 5th — Per HTX data, Bitcoin has surpassed $81,000, up 1.17% over the past 24 hours, and is currently trading at $81,035.

On May 5th, data from Bitget shows cryptocurrency-related stocks in the U.S. equities market broadly gained ground—likely fueled by the "CLARITY Act" stablecoin yield rules’ impact on Circle (CRCL), which surged nearly 20% in a single day. Details follow: - Coinbase (COIN): +6.14% - Circle (CRCL): +19.83% - MicroStrategy (MSTR): +3.76% - Bitmine (BMNR): +4.17% - SharpLink Gaming (SBET): +3.84% - Bit Digital (BTBT): +7.01% - American Bitcoin (ABTC): -3.36% - Kindly MD (NAKA): -3.73% - Solana Co (HSDT): +1.89%

On May 5, *The New York Times* reported that AI startup Oumi’s analysis of Google’s “AI Summary” feature pegs its accuracy rate at roughly 90%. Since Google handles over 50 trillion searches annually, that translates to tens of millions of incorrect answers every hour (or hundreds of thousands of inaccuracies per minute). Oumi analyzed Google’s “AI Summary” search results using the SimpleQA benchmark, finding that 85% of results were accurate when powered by Gemini 2—rising to 91% with Gemini 3. In analyzing the 5,380 sources cited in Google’s AI Summary, Oumi found Facebook and Reddit were the second and fourth most frequently referenced platforms, respectively. When the summary is accurate, 5% of citations link to Facebook; when it’s inaccurate, that figure jumps to 7%.

**May 5th Market Update** Global markets are currently weighing two key narratives: the Reserve Bank of Australia’s (RBA) renewed hawkish stance on inflation, and escalating Middle East tensions that threaten energy supplies and global supply chains. The RBA is widely expected to raise interest rates by 25 basis points this week—near-unanimous market consensus. Firms including Goldman Sachs, Bank of the West, and Citigroup see room for additional hikes ahead, citing persistent energy price pressures and uncooled labor market tightness. On the U.S. front, Federal Reserve Vice Chair Williams delivered a critical policy signal: there is currently insufficient reason to hike rates again, but above-expectation inflation this year means rate cuts will be delayed. This underscores the Fed’s unchanged core logic—only that the high-interest-rate environment may persist longer. Notably, amid rising risks in the Strait of Hormuz and elevated oil prices, markets are reassessing how energy