"The Buddy" Longs Ethereum 25x, Unrealized P&L Tops $250K
On March 5th, HyperInsight monitoring (via https://t.me/HyperInsight) revealed that "Brother Whale" Huang Licheng’s address deposited 100,000 USDC into HyperLiquid to boost his 25x leveraged ETH long position.
Currently, the position’s unrealized gain has topped $250,000, and its size has expanded to 6,975 ETH.
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Morgan Stanley Provides $500 Million Loan Facility to Mining Firm Core Scientific, Expandable to $1 Billion
March 5 — Morgan Stanley has extended a $500 million 364-day loan facility to Core Scientific, with an accordion feature allowing the total facility to grow to up to $1 billion later. The loan carries an interest rate of SOFR plus 250 basis points.
Core Scientific says the funding will support land acquisition, pre-development expenses, securing additional power contracts, and equipment purchases to upgrade its mining infrastructure in Texas, Georgia, and North Carolina into compute centers for high-density AI calculations.
The company previously announced plans to sell nearly all its Bitcoin reserves by 2026 to back its shift to an AI-focused business. As of the end of 2025, Core Scientific held roughly 2,537 bitcoins (fair market value ~$222 million); in January 2026, it sold around 1,900 bitcoins for ~$175 million, leaving ~630 bitcoins currently.
CEO Adam Sullivan noted the Bitcoin mining business is now essentially in a “natural winding-down phase,” adding the company wil
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US Stock Market Open Cryptocurrency Stock Performance Mixed, CRCL Up 2.52%
On March 5th, U.S. equity markets opened lower: the Dow Jones Industrial Average (Dow) dropped 0.74%, the S&P 500 declined 0.47%, and the Nasdaq Composite slid 0.44%.
Among cryptocurrency-related stocks, MicroStrategy (MSTR) fell 0.81%, Coinbase Global (COIN) gained 0.63%, Circle Internet Financial (CRCL) advanced 2.52%, SBET dropped 1.72%, and BMNR was down 0.38%.
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Global Gold ETFs See $5.3 Billion Net Inflows in February
On March 5, the World Gold Council reported that global gold ETF net inflows totaled $5.3 billion in February—marking nine straight months of inflows and the strongest year-to-date (YTD) start on record.
Fueled by gold price gains lifting valuations, global gold assets under management (AUM) hit an all-time high of $701 billion, with total global holdings reaching 4,171 tons.
North America and Asia led inflows, while Europe posted outflows early in the month following a late-January sell-off. Global average daily trading volume (ADTV) fell to $478 billion but remained well above 2025 levels.
(Source: Golden Finance)
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Insider: Alibaba, ByteDance, and Tencent are shifting toward domestic chipmakers to alleviate chip shortage
March 5 — Sources familiar with the matter told The Information that Alibaba, ByteDance and Tencent are shifting to domestic chip manufacturers to ease the impact of the worsening global semiconductor shortage.
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Report: Bitcoin Retracement of 23% Does Not Shake Institutional Confidence, Long-Term Funds Still Accumulating
**CoinShares Report: Institutional Bitcoin Holdings Hold Steady Amid 23% Pullback**
March 5: CoinShares’ latest report finds professional investors have held steady overall despite Bitcoin being down roughly 23% from last year’s peak. Advisory firms and hedge funds trimmed their BTC holdings slightly, but long-term investors—including university endowments, pension funds, and sovereign wealth funds—continued accumulating during the dip.
The report notes the recent drop in AUM (assets under management) is primarily driven by price volatility, not large-scale outflows of institutional capital. Meanwhile, global Bitcoin spot ETFs continue to see net inflows, indicating recent selling pressure stems more from early long-term holders taking profits than new institutional investors exiting.
CoinShares adds that as ETFs have launched, future regulatory disclosures will more clearly reflect institutional activity during larger price swings.
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