CryptoQuant: The market has entered a phase of structural adjustment, with a high likelihood of continued decline

On December 5, a betting market entry on PolyBeats—titled “Will OpenAI release a new cutting-edge model before December 13?”—was created 5 hours prior. As of press time, its implied probability has surged from 45% to 91%. The market’s launch comes amid widespread rumors of an internal “Code Red” memo at OpenAI dated December 2. According to reports, CEO Sam Altman, responding to the challenge posed by Google’s Gemini 3, internally directed his team to “delay the ad and release the inference model next week” (scheduled between December 8 and 12). Internal assessments suggest the new inference model’s performance will be “ahead of Gemini 3.” While OpenAI officials have stayed silent on the matter, competitive pressure and rumors of internal ad delays have spurred widespread market speculation that a new cutting-edge model (such as the GPT-5 series or an inference-focused model) is imminent, targeting the December 13 deadline. Two top traders currently lead the “Yes” shareholding li

On December 5: Bitcoin treasury firm Stacking Sats Inc. announced it currently holds 25.69 BTC, per an official statement.

On December 5th, HyperInsight data shows that despite Ethereum’s steady afternoon drop today, the “buddy” still opted to buy the dip and add to their 25x leveraged Ethereum long position. As of press time, their leveraged long position in Ethereum has grown to $37.36 million, with unrealized gains narrowed to $863,700.

On December 5, Cloudflare said in a statement about this afternoon’s outage: “The fix has been implemented, and we are monitoring the results.”

Cloudflare’s outage caused access issues for multiple crypto apps—including Coinbase, Kraken, other centralized exchange (CEX) platforms, and the user interfaces of various decentralized finance (DeFi) protocols.

On December 5, Pundi AI announced a partnership with Assemble AI (NS3)—a leading AI-powered crypto news super app that delivers real-time market data in 16 languages to over 1.6 million users, integrating insights from top sources including Binance News, Cointelegraph, CoinDesk, and CoinMarketCap. The collaboration will combine Assemble AI’s robust Web3 intelligence infrastructure with Pundi AI’s verifiable data pipeline to create new ways for the community to engage with and benefit from high-quality data. Both parties will explore deeper integration to turn news and market signals into transparent AI intelligence. Assemble AI partners closely with industry leaders like DWF Labs, the Google Cloud Web3 Startup Program, and NVIDIA Inception, while Pundi AI ensures intelligent trust in transactions, research, and market decisions through a decentralized AI data ecosystem. Their shared goal is to transform crypto information into a valuable public good, deliver trusted insights t

On December 5th, Onchain Lens data shows a whale has staked 24,000 ETH—valued at $75.94 million—after holding the tokens for 5 months. The whale initially purchased the ETH for $60.7 million in USDC, netting a current profit of $15.2 million.