The possibility of Bellingham to join Real Madrid looks like higher than before indeed:

He has two more years on his contract in theory but I just don't give him any chance about not leaving the team this summer. Dortmund must also be aware of the inevitable situation now. They just need to sell him for as high price as possible to make a huge profit in his transfer at least. He arrived here from Birmingham for only 25 million euros. In only three years he managed to increase his market price to 120 million euros. This change is really insane and he is absolutely a very valuable wonderkid.
I think he will be joining Real Madrid by rejecting other offers.
This condition is still the same as before because rumors about Jude have actually existed since the previous season's transfer and indeed Madrid is one of those who have a great desire for this player, especially in this case he can become a worthy successor to Modric later because Modric's age is already not young anymore and Camavinga is more prioritized on the line of defense or it could be a left back option.
The problem is now it's not just about Madrid, the offer is big enough but if any other club is now as hopeful as Jude I think the offer can be passed so Madrid still can't say this offer can work in their favor.