If Bitcoin drops below $91,000, the mainstream CEX long liquidation pressure will reach $972 million.

On December 10, Nasdaq-listed American Bitcoin Corp. (ABTC) announced it has further increased its bitcoin holdings by 416 coins since its last disclosure on December 2. As of December 8, 2025, the firm holds approximately 4,783 bitcoins through self-mining and strategic acquisitions—with some coins held by a custodian or used as collateral under mining equipment purchase agreements. ABTC has also updated its Satoshis Per Share (SPS) metric, which quantifies bitcoin held per share of outstanding stock and provides investors with visual data on their indirect bitcoin exposure. The company noted it will continue advancing its long-term growth strategy, strengthening its industry position, and expanding its reserve holdings.

On December 10, it came to light that publicly traded GameStop invested $500 million in Bitcoin this spring—and the asset is now driving significant volatility for the company. Per the retailer’s third-quarter financial report released Tuesday, the position held an approximate book value of $519 million as of September 30, with over $19 million in unrealized gains. However, the holding had briefly climbed to $528 million at the end of Q2 before posting an unrealized loss of $9.4 million as Bitcoin prices dropped. GameStop neither added to nor sold any Bitcoin during Q3. In 2025, Bitcoin hit new highs in the U.S. amid crypto-friendly policies—until an October 10 crash sent prices tumbling roughly 30% from their annual peak, jolting the entire industry. The collapse liquidated roughly $19 billion in leveraged crypto positions, with many public companies that profited from the bull run now showing signs of strain. GameStop isn’t alone: Other non-crypto firms have also made big Bi

Pre-market trading on December 10th: U.S. cryptocurrency-related stocks showed mixed performance, with the following moves: - MSTR +0.12% - COIN -0.68% - HOOD +0.03% - SBET -0.17% - BMNR +0.23% - CRCL -0.39%

**Crypto News Flash: Ethereum Liquidation Thresholds (Dec 10, Coinglass)** As of December 10, Coinglass data indicates: - If Ethereum breaks above $3,400, **total short liquidations across major centralized exchanges (CEXs) will hit $515 million**. - Conversely, a drop below $3,200 will trigger **$1.195 billion in total long liquidations** on the same platforms. *BlockBeats Note*: Liquidation charts do not show the exact number or value of contracts at risk. Bars instead reflect the **relative intensity** of each liquidation cluster compared to adjacent levels—meaning a taller bar signals a sharper price reaction when the market hits that threshold, driven by liquidity surges.

December 10 – Per DefiLlama data, major Perpetual Futures DEX (Perp DEX) platforms recorded **increased 24-hour trading volumes**, a slight rebound in open interest, and minimal TVL changes over the past day. This signals active capital flows across platforms and rising leverage usage. Key platform metrics (24h): - **Lighter**: Volume ~$88.3B | TVL ~$13.9B | Open Interest ~$17.3B - **Hyperliquid** (https://app.hyperliquid.xyz/join/NTOD): Volume ~$85.2B | TVL ~$44.6B | Open Interest ~$67.9B - **Aster** (https://www.asterdex.com/zh-CN/referral/aboter): Volume ~$76B | TVL ~$13.8B | Open Interest ~$27.2B - **EdgeX**: Volume ~$61.3B | TVL ~$4.01B | Open Interest ~$8.31B - **ApeX**: Volume ~$32.9B | TVL ~$47.27M | Open Interest ~$93.03M - **Backpack**: Volume ~$12.1B | TVL Undisclosed | Open Interest ~$2.04B - **Variational**: Volume ~$10.3B | TVL ~$72.86M | Open Interest ~$32B - **Pacifica** (https://app.pacifica.fi/?referral=pacbot): Volume ~$7.12B | TVL ~$42.45M | Open

On December 10, Indonesia Blockchain Week 2025 took place at the Jakarta International Conference Center. This year’s event—with the theme “AI, Blockchain, and Tokenization Solutions”—drew more than 5,000 attendees from the industry, investment, finance, and regulatory sectors. During the conference, TRON Foundation founder Justin Sun addressed attendees via pre-recorded video, sharing the latest TRON network metrics: its on-chain user base tops 350 million, with daily transaction volume surpassing 10 million and daily active users (DAUs) exceeding 3 million. Additionally, TRON’s protocol revenue neared $1 billion per quarter in the last two quarters. Sun also announced the community has approved a proposal to cut energy costs by roughly 60%. On ecosystem development, Sun highlighted growth in stablecoins and DeFi applications, plus progress in combating on-chain illicit activity. Notably, the T3 FCU—launched jointly by the TRON Foundation, Tether, and TRM Labs—has frozen more th