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The American Bitcoin price supported by the Trump family has plummeted by 35% due to a lock-up release of shares.

BlockBeats News, December 3rd, according to Bloomberg, the stock of American Bitcoin Corp., a cryptocurrency mining company co-founded by Eric Trump, plummeted on Tuesday due to a lock-up period expiration. After the market opened, the company's stock price dropped over 50% in less than 30 minutes, triggering multiple circuit breakers.

By 2:30 PM New York time, the price decline narrowed, closing at $2.33, a 35% decrease from the previous trading day. The company had previously participated in the Nasdaq opening bell ceremony on September 16th.

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The American Bitcoin price supported by the Trump family has plummeted by 35% due to a lock-up release of shares.

F2Pool co-founder Wang Chun has withdrawn a total of 54,500 ETH from Binance in the past half month, equivalent to approximately $93.25 million

F2Pool Co-Founder Wang Chun Increases Holdings by $33.411 million in Value in the Past 15 Hours in ETH and WBTC

A whale has deposited 5900 ETH into Kraken, expecting to incur a loss of $9.8 million

Chainlink's non-circulating supply wallet has transferred 18.375 million LINK to Binance, equivalent to $144.93 million.