Crude Oil Plunges, Crypto Influencer CBB0FE's Heavy Short Position Yields $1.26 Million in Unrealized Gains

May 25 — U.S. Bitcoin spot ETFs have seen six straight trading days of net outflows totaling $1.55 billion, per official data as of May 24. Last Friday alone recorded a single-day net outflow of $105.2 million: BlackRock’s IBIT accounted for $68.9 million of that drop, while Fidelity’s FBTC saw an outflow of $36.3 million. This brings the 2026 cumulative net inflow for Bitcoin ETFs down to $536 million, approaching the annual net outflow threshold. On the market front: Institutional market maker Jane Street cut its Bitcoin ETF holdings by roughly 70% in the first quarter, and Goldman Sachs trimmed its stake by 10%. There are bright spots too: IBIT has notched $2.7 billion in net inflows year-to-date, though that’s far below 2025’s full-year level of $25 billion. Morgan Stanley’s Bitcoin Trust ETF (MSBT), launched on April 8, has pulled in $264 million in net inflows — surpassing products from Invesco and WisdomTree. In other crypto ETF news: U.S. Ethereum spot ETFs have posted net ou

May 25 — Crypto analyst Darkfost (@Darkfost_Coc) noted in a recent social media post that Binance’s Bitcoin (BTC) inflows have skyrocketed over the past 10 days. Data shows that since May 16, the average weekly BTC inflow to Binance stood at 378 coins; as of today, that figure has surged to 1,190 coins — more than tripling in just two weeks. Notably, on May 18 alone, daily BTC inflows topped 3,600 coins, hitting a high mark in Darkfost’s analysis. Additionally, Binance’s BTC reserves have bounced back from their April 24 low of 616,000 coins to today’s 632,000 coins, a 16,000-coin increase over the past month. Market participants widely interpret net inflows to major exchanges like Binance as a potential sell signal: users transferring BTC to trading platforms are most often doing so to offload holdings, reduce positions, or execute defensive asset reallocations. Against this backdrop, Bitcoin’s price has fallen by as much as 6.2% during the period. The current market remains in a p

May 25 (Bloomberg) — SoftBank Group Corp. is planning to raise 260 billion yen (approximately $2 billion) via a secondary bond offering targeted at individual investors, per Bloomberg. The move comes roughly two months after the Japanese tech giant’s most recent retail bond issuance. In regulatory documents the company filed on Monday, the new bonds will carry a 35-year maturity, with an issuer call option that becomes exercisable after five years. Pricing for the offering is set for June 5, with an initial coupon guidance range of 4.8% to 5.6% for the first five years.

Per monitoring from Dynamic Insight (via its Telegram channel at https://t.me/OneMillion_AI), Elon Musk has announced that Grok’s base model—V9-Medium (1.5T)—has completed training. The model’s evaluation results are positive. A large volume of Cursor data was integrated during fine-tuning, with additional data sets set to be added in the future. Fine-tuning is ongoing, and reinforcement learning is scheduled to begin in a few days. The official release is expected in 2 to 3 weeks. This will mark a significant improvement over the current V8-Small model (0.5T), which is currently handling all of Grok’s production traffic—especially when it comes to complex encoding tasks.