Trader Eugene: If Bitcoin Can Stay Above $80,000, Speculators Will Return to the Crypto Market

On May 5th, on-chain analytics indicate a whale opened a 1x leveraged long position on 63 Bitcoin—valued at roughly $5.1 million—with a liquidation price set at $31.18. Additionally, the whale primarily traded the HYPE token, netting a $330,000 profit.

SC Ventures, Standard Chartered’s fintech investment arm, has made a strategic investment in crypto market maker GSR—becoming the first external strategic shareholder in the 2013-founded firm. The deal values GSR at $1 billion. The partnership was officially announced on May 5, 2026. SC Ventures said the investment aims to deepen collaboration in tokenized assets and institutional-grade digital asset infrastructure. GSR CEO Song Xin noted the institutional digital asset market is rapidly maturing, adding the partnership will pair Standard Chartered’s capital markets expertise with GSR’s crypto liquidity management experience to focus on tokenization use cases. The equity investment builds on prior collaboration: last month, GSR led an investment in Libeara, a tokenization platform launched by SC Ventures. SC Ventures CEO Alex Manson emphasized that as the digital asset market evolves, building compliant, scalable liquidity infrastructure has become a top priority for tradition

On May 5th, LookOnChain data shows a newly created address opened a 6x leveraged long position on 768,058 TON tokens—valued at roughly $1.31 million. The entry price was $1.6201, and its liquidation price sits at $1.4213.

May 5th: LookOnChain data shows a trader liquidated a $56.68 million Bitcoin short position 1 hour ago, incurring a $1.94 million loss. Prior to this, the trader had shorted Bitcoin 11 times, netting $1.71 million in total profits—this latest loss has erased all those gains.

On May 5th, per Bitget data, Circle’s stock briefly topped $130—up 8.63% in after-hours trading, and currently trades at $128.88.

On May 5th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that a $76 million "buddy" long position has $1.963 million in floating profits, with the following breakdown: - 16,325 ETH long (~$38.87 million): Entry at $2,330.5, floating profit $0.776 million - 455 BTC long (~$36.75 million): Entry at $78,148, floating profit $1.187 million - 118,000 HYPE tokens long (~$0.504 million): Entry at $42.413, floating profit $0.167 million This version uses concise, direct language typical of U.S. crypto news, with clear bullet points for readability and standard number/unit formatting.