Yesterday, the US Bitcoin Spot ETF saw a net inflow of $467 million, while the Ethereum ETF saw a net inflow of $97.5 million.

May 6 — Situational Awareness LP’s Sandisk (SNDK) position may have hit a 10x milestone, per its Q3 2025 13F filing: the firm held 115,000 SNDK shares, with the stock closing at ~$112.20 on September 30. Moreover, its Q4 2025 13F revealed a sharp jump to 1,054,200 shares (valued at $250 million at the time). At today’s SNDK price of $1,406, the position is now worth ~$14.82 billion if no shares were sold. SALP founder Leopold Aschenbrenner, a 25-year-old German prodigy investor (born 2001/2002), previously worked at FTX Future Fund and was a 2023 researcher at OpenAI—dismissed in 2024 over alleged data leaks and non-cooperation with probes. In June 2024, he published a 165-page blockbuster paper, *Situational Awareness: The Decade Ahead*, detailing AGI’s imminent timeline and strategic importance. He then founded the eponymous Situational Awareness LP shortly after. The fund focuses heavily on AI infrastructure: power supply, data center compute, semiconductor optics, and bitc

May 6 — Per an official announcement, Pacifica, a perpetual contract trading platform in the Solana ecosystem, has officially launched its Vaults feature. Users can now freely create and manage Vaults on the platform, deposit funds into other users’ Vaults, and earn yields passively by following the strategies tied to those Vaults. Vaults are essentially co-managed trading accounts overseen by a manager. Depositors fund their accounts with USDC, while managers execute trades on Pacifica. Profits and losses are distributed to depositors proportionally based on their holdings, with the same margin and leverage rules applying as to regular trading accounts.

**May 6th Update** Data from DefiLlama reveals Coinbase’s Layer 2 network Base Chain has posted a notable on-chain recovery recently, with Total Value Locked (TVL) hitting $46.44 billion. DEX trading volume remains robust, totaling nearly $8.62 billion in the past 24 hours and $51.23 billion over the past seven days. Since the start of May, on-chain metrics have aligned with a wealth effect trend. Meanwhile, several Base ecosystem tokens have surged: - VIRTUAL: Market cap topped $500 million (+9.8% in 24h) - CLANKER: Market cap exceeded $28.7 million (+21% in 24h) - DEGEN: Market cap surpassed $26.5 million (+5.7% in 24h) - BNKR: Market cap hit $35 million (+9.7% in 24h) - TOSHI: Market cap crossed $78 million (+5.6% in 24h) This rewrite uses concise, news-driven language (common in U.S. crypto updates) with: - Clear time/context framing - Alternating action verbs (topped/exceeded/surpassed) to avoid repetition - Bullet points for scannable token data - Natur

On May 6th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that trader yixie10 (@yixie10) went long 1,760 shares of SanDisk (SNDK) at a low of $665.45 per share, with the position valued at roughly $2.61 million. The holding currently boasts an unrealized gain of $1.446 million, making it the top-performing account for Hyperliquid’s tokenized stocks. Additionally, the trader holds long positions in AMD and Micron (MU) stocks, which have yielded a profit of $3.81 million. This pushes the account’s total profit to over $5.256 million.

**May 6th** Per monitoring data from HyperInsight (Telegram: @HyperInsight), TON surged again this morning, breaching the $2 mark—up 55% from two days prior. As market momentum strengthened, renowned Hyperliquid trader Loracle opened a long position this morning chasing gains: 5x leverage, $3.2 million total notional. Current unrealized profit stands at $180,000 (27%), with an average entry price of $1.989. Loracle now holds the largest TON long position on the platform. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae

**OKX to Launch BILLUSDT Perpetual Contract on May 6, 2026** Per official sources, OKX will officially launch the BILLUSDT perpetual contract at 16:00 Beijing Time (UTC+8) on May 6, 2026, across its website, mobile app, and API. The contract will support up to 20x leverage for traders. ### Notes on American language adaptation: 1. **Time zone clarity**: Explicitly labeled "Beijing Time (UTC+8)" (Americans often prefer linking UTC offsets to familiar regional time zones). 2. **Conciseness**: Structured as a news brief (common for crypto/financial updates in the U.S.). 3. **Platform specificity**: Used "mobile app" (clearer than just "app" for U.S. readers) and "across its platforms" for flow. 4. **Leverage framing**: Phrased "support up to 20x leverage for traders" to align with U.S. financial content tone.