Odaily Planet Daily reports that Eric Trump, the second son of Donald Trump, posted on the X platform that American Bitcoin (ABTC) has become one of the fastest-growing Bitcoin companies in the world in just four months. Currently, its Bitcoin holdings have surpassed KindlyMD (NAKA), making it the 19th largest Bitcoin treasury-listed company. ABTC’s next goal is to surpass Next Technology, currently ranked 18th, and Galaxy, ranked 17th.
Earlier reports indicate that the Bitcoin mining company supported by the Trump family, American Bitcoin Corp, has disclosed that its total Bitcoin holdings have increased to 5,427 coins.
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BTC 15-minute decline of 0.61%: Major wallet selling pressure combined with negative US employment data triggers adjustment
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The primary driver of this price movement was on-chain whale wallets concentrating approximately 2,100 BTC inflows to exchanges within a short timeframe, representing an 18% increase compared to the previous period. Large holders' active position adjustments and concurrent large sell orders in spot and perpetual markets were simultaneously released.
GateNews25m ago