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BlockBeats News, December 7th, according to Coinglass data, if Bitcoin falls below $87,000, the cumulative long liquidation intensity of mainstream CEX will reach 491 million.On the contrary, if Bitcoin surpasses $91,000, the cumulative short liquidation intensity of mainstream CEX will reach 866 million.BlockBeats Note: The liquidation chart does not precisely show the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster to its neighboring cluster, known as intensity.Therefore, the liquidation chart illustrates to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that once the price reaches that level, a more intense reaction will occur due to a liquidity cascade.

BlockBeats News, December 7th, according to HyperInsight monitoring, ETH broke below $3,000. The previously reported "CZ's Counterparty" whale (0x9ee) saw the unrealized losses of its ETH and XRP long positions expand to $24.93 million.The unrealized loss of the ETH long position was $13.55 million, with a position size of approximately $154 million, an average price of $3,201, and a liquidation price of $2,497.2. The XRP long position had a position size of approximately $77.63 million, an average price of $2.29, and an unrealized loss of $11.38 million.The address had previously bought ASTER on November 2nd after CZ and then opened a large short position with 3x leverage, becoming the largest ASTER short holder at that time. It later closed the position to break even on the 17th and has now switched to ETH long trading, experiencing partial liquidation.

BlockBeats News, December 7th, according to on-chain analyst Ai Yi (@ai_9684xtpa), when ETH fell to $2900, the "buddy" holding a long position on ETH was liquidated, resulting in a loss of $738,000; however, he opened another long position with 2100 ETH ($6.18 million).His account balance briefly recovered to $3 million but is now left with only $227,000.

BlockBeats News, December 7th, according to HTX market data, Bitcoin is currently trading at $88,826. The Strategy Bitcoin position is currently showing an unrealized gain of 19.3%, equivalent to around $9.35 billion.As of November 30, 2025, the Strategy holds 650,000 bitcoins with a total value of approximately $483.8 billion, at an average price of around $74,436 per bitcoin.

BlockBeats News, December 7th, U.S. Securities and Exchange Commission Chairman Paul Atkins stated that it is expected that the entire U.S. financial market may migrate to blockchain technology supporting Bitcoin and cryptocurrency within the next two years.U.S. Securities and Exchange Commission Chairman Paul Atkins, in an interview with Fox Business, stated, "This will not only be a trend for the next 10 years, but it may also become a reality in just two short years. The next step will come with digital assets, market digitization, and tokenization, which will bring 'tremendous benefits' for transparency and risk management."Tokenization refers to representing stocks and assets using tradable blockchain-based tokens, a concept hailed as a potential revolution in the financial market.

BlockBeats News, December 7th, according to information on the relevant page, the probability on Polymarket of the prediction "Market Cap of Stablecoin Exceeds $20 Billion on the First Day of Trading" has risen to 85%, while the probability of it exceeding $40 billion is reported at 18%.Previously, Stable tweeted that the mainnet is scheduled to launch on December 8th at 21:00 Beijing time (8:00 AM US Eastern Time).