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According to chart analysis released by independent analyst Markus Thielen, Bitcoin’s price action in April followed seasonal patterns almost perfectly: its actual gain exceeded the historical average. Yet at that time, the market had not reached a broad consensus on bullish sentiment. While investor mood was cautiously optimistic, positions were not significantly increased; low trading volume and persistently negative funding rates indicated that many traders remained on the sidelines. Entering May, Bitcoin’s rebound above $80,000 caught numerous investors off guard—further confirming the market’s prior under-allocation. Historical data shows May is a relatively stable month for Bitcoin: over the past 10 years, its average return has been approximately 10.3%, with six years posting gains. Seasonal support remains intact—but whether positions will increase accordingly remains a key variable.
According to data from Trader T (@thepfund), yesterday’s net inflows into Bitcoin spot ETFs totaled $467.4 million, broken down as follows: BlackRock’s IBIT: $251.5 million inflow; Fidelity’s FBTC: $133.2 million inflow; Ark’s ARKB: $92.28 million inflow; Bitwise’s BITB: $14.62 million inflow; Morgan Stanley’s MSBT, Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, WisdomTree’s BTCW, and Grayscale’s BTC Mini: $0; VanEck’s HODL: $5.77 million outflow; Grayscale’s GBTC: $18.4 million outflow.
According to on-chain analytics platform Lookonchain (@lookonchain), the address 0x128e deposited approximately $500,000 worth of USDC into HyperLiquid and immediately opened a short position of 250 BTC with 40x leverage, with a notional value of roughly $20.32 million and a liquidation price of $82,236.61.
According to on-chain analyst Onchain Lens (@OnchainLens), Morgan Stanley purchased 151.9 BTC approximately 7 hours ago, valued at roughly $12.4 million. It currently holds 2,830 BTC, valued at approximately $228.94 million.
Odaily, according to Onchain Lens monitoring, a whale deposited 5 million USDC into HyperLiquid and opened a 5x leveraged long position on BTC. This whale currently holds a total of 629.16 BTC in long positions across 2 wallets, with a notional value of approximately $51 million.
According to Forbes, ARK Invest, led by Cathie Wood, released a report forecasting that Bitcoin’s market capitalization will expand at a compound annual growth rate (CAGR) of approximately 63% over the next five years—rising from its current level of nearly $2 trillion to $16 trillion by 2030. The report states, “Bitcoin is maturing into the leader of a new institutional asset class.” ARK Invest analysts project that Bitcoin will drive the broader cryptocurrency market to reach $28 trillion by 2030 (up from roughly $2.8 trillion today). “Smart contract networks and pure digital currency markets may grow at an approximate annual rate of 61% to reach $28 trillion by 2030, with Bitcoin capturing 70% of the market share and the remainder dominated by smart contract platforms such as Ethereum and Solana.”
Odaily Odaily, Bitget PoolX will soon list projects CC and UMXM. Users can stake ETH to share 1,000,000 CC, or stake BTC to share 71,600 UMXM. Details are as follows:CC PoolX: The staking period is from 18:00 on May 6 to 18:00 on May 10 (UTC+8). Both ETH Static and Dynamic staking pools will be open, allocating 450,000 and 550,000 CC for airdrop rewards respectively. The ETH Dynamic pool will unlock tiered caps based on a user's trading volume over the last 15 days, with a maximum staking limit of 1,500 ETH.UMXM PoolX: The staking period is from 18:00 on May 6 to 18:00 on May 9 (UTC+8). Both BTC Static and Dynamic staking pools will be open, allocating 33,600 and 38,000 UMXM for airdrop rewards respectively. The BTC Dynamic pool will unlock tiered caps based on a user's trading volume over the last 15 days, with a maximum staking limit of 50 BTC.Additionally, users who participate in the corresponding PoolX during the event and have a positive net deposit will also receive BTC/ETH wealth management bonus vouchers. First-time participants can enjoy up to 10% BTC or 15% ETH bonus benefits.
According to monitoring by on-chain analyst Specter, the Wasabi Protocol attacker has deposited all stolen funds into Tornado Cash, moving approximately $5.9 million into Tornado Cash. Additionally, North Korean hacking groups have also used Tornado Cash to launder stolen funds from KelpDAO and LayerZero. Their process involved first cross-chaining the assets to Bitcoin, then routing them through Wasabi Mixer, extracting and cross-chaining back to Ethereum, depositing into Tornado Cash, subsequently withdrawing to new wallets and dispersing across multiple addresses. The new wallets then deployed tokens, used the stolen funds to buy in, removed liquidity from the deployment wallet, cross-chained to Tron (USDT), held for several hours or days, and finally sent to OTC-related wallets.
According to FinanceFeeds, cryptocurrency exchange-traded funds (ETFs) have recently recorded strong inflows. U.S. spot Bitcoin ETFs saw single-day net inflows exceeding $600 million, reflecting sustained institutional demand for allocating digital assets via regulated investment vehicles. Specifically, BlackRock’s iShares Bitcoin Trust (IBIT) continues to dominate, posting approximately $284 million in single-day net inflows and remaining the primary vehicle for institutional Bitcoin allocation. Fidelity’s Wise Origin Bitcoin Fund also contributed significantly to inflows, helping push total ETF demand above $600 million. Inflows are concentrated among a few major issuers, underscoring the importance of liquidity, scale, and brand trust in attracting institutional capital—BlackRock and Fidelity products have consistently accounted for the majority of total ETF inflows since launch.
According to Lookonchain, one hour ago, trader 0x004e closed a short position of 700 BTC (approximately $56.68 million), incurring a loss of $1.94 million. Prior to this, the trader had executed 11 BTC short positions, all of which were profitable, accumulating total gains of $1.71 million. However, this single loss completely erased all previous profits.
According to Odaily, on-chain analyst Yu Jin monitored that Strategy (MSTR), the bitcoin treasury company, did not purchase BTC last week, which is unusual for them. They currently still hold a total of 818,334 BTC ($64.413 billion), with an average cost price of $75,537, resulting in an unrealized profit of $2.598 billion (+4.2%).Bitmine (BMNR), the Ethereum treasury company, purchased 101,745 ETH ($235 million) at a price of approximately $2,311 last week. They now hold a total of 5,180,131 ETH ($12.08 billion), with an average cost price of $3,546, resulting in an unrealized loss of $6.289 billion (-34.2%).
Odaily reports: According to on-chain analyst Ai Yi’s monitoring, “Set 10 Big Goals First” posted on Twitter that it opened a short position of 2,448.2 BTC (worth $195 million) at $79,903.19, currently holding an unrealized profit of $2.463 million.
QCP Capital stated in its analysis that after a solid performance in April, Bitcoin continued its strong momentum in early May, breaking through the $80,000 mark for the first time since January 31. Spot ETF inflows remain a significant positive factor, recording approximately $163 million in net inflows last week. Despite Strategy pausing its Bitcoin purchases this week, BTC still managed to rise, indicating that market momentum is no longer solely dependent on the "HODL narrative" and is instead gradually shifting towards broader capital support. The key going forward is whether BTC can effectively hold above the CME gap range of $82,000 to $83,000, which will serve as the core watershed for the continuation of the short-term uptrend.
OdailyOdaily reported that Bitcoin has broken through the $80,000 mark, rising approximately 2.6% in 24 hours to $80,150, driving the overall crypto market higher. ETH rose 3.6%, and XRP rose 2%. Nick Ruck, Director of LVRG Research, stated that this breakthrough shattered the key resistance zone that had been suppressing prices over the weekend, with short-term momentum clearly turning stronger. Meanwhile, Dominick John, an analyst at Zeus Research, noted that the upward price movement was accompanied by a technical short squeeze.On the capital front, U.S. Bitcoin spot ETFs have recorded net inflows for the fifth consecutive week, attracting approximately $154 million last week, indicating continuously strengthening institutional allocation demand. Analysts believe that if the capital inflow trend continues and is compounded by macroeconomic uncertainties, Bitcoin may maintain strong volatility in the short term. The market will closely monitor the impact of subsequent economic data and shifts in risk sentiment on the price trend. (The Block)
Odaily Strategy founder Michael Saylor posted on X yesterday stating that the company will suspend its routine weekly Bitcoin purchase plan this week, marking the second time this year it has paused weekly accumulation.To date, Strategy holds a total of 818,334 BTC, representing approximately 3.9% of Bitcoin's total supply. Data from Saylortracker shows that as Bitcoin staged a strong rebound today, breaking through the $80,000 mark, the total market value of BTC held by Strategy has returned to above $65 billion, currently standing at $65.74 billion. The average cost price is $75,537, with an unrealized profit of $3.926 billion.Strategy is expected to announce its Q1 earnings on Tuesday, with the market anticipating a loss per share of $18.98, higher than the loss of $16.38 per share in the same period last year. Its ongoing coin purchases are primarily financed through stock (MSTR) and perpetual preferred stock. Among these, the high-dividend product STRC (annualized yield approximately 11.5%) has raised concerns among some analysts regarding structural risks, though others argue that this model can convert yield demands into long-term Bitcoin exposure. (The Block)
According to on-chain analytics platform Lookonchain (@lookonchain), influenced by the market rebound, Machi Big Brother (@machibigbrother) realized profits of approximately $1.27 million over the past 24 hours. His current holdings include: 13,175 ETH (approximately $31 million), 360 BTC (approximately $28.33 million), and 75,000 HYPE (approximately $3.13 million).
Odaily reports, according to Onchain Lens monitoring, as the crypto market rebounds, whale “pension-usdt.eth” is now facing $16 million in unrealized losses on its 3x leveraged long positions in Bitcoin and Ethereum.
According to CoinDesk, Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, stated at the Bitcoin Conference in Las Vegas that U.S. banks may hold bitcoin on their balance sheets in the future—but the timeline remains uncertain due to guidance from the Federal Reserve, the Basel Accords, and global regulatory requirements. Meanwhile, Morgan Stanley’s recently launched MSBT—the first bank-issued bitcoin ETP—drew over $100 million in inflows within its first six days of listing, all sourced exclusively from self-directed investment channels and not yet made available to financial advisors. Oldenburg noted that slow adoption by the advisor channel stems primarily from an education gap; the bank has initiated internal training programs to address this and is applying for a digital trust charter from the Office of the Comptroller of the Currency (OCC) to support direct custody of crypto assets and spot crypto trading services.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale deposited 141.26 BTC—worth $11.16 million—into Kraken after two years of dormancy.
CryptoQuant analyst Axel Adler Jr posted on X, stating that based on the Adjusted Realized Price Bands model calibrated to Bitcoin's current circulating supply, a drop to the key $59,000 range is required for a true mid-to-long term bottoming process to begin. Bottoming is not a short-term process and will not be completed within one to two weeks; the base case scenario estimates it will take approximately six months.Axel Adler Jr emphasized that while Bitcoin has recently seen some increase in price, what truly drives market stabilization is not sentiment recovery or a local rebound, but the return of long-term genuine demand. That is, when the market begins to price in future value again and spot buying continues to recover, the bottom may be truly established.