July 7–13, 2025 #LookonchainWeeklyReport

🟢 Onchain Overview

Last week, $BTC kept smashing all-time highs, with both DEX and perp volumes increasing significantly.

The total stablecoin market cap grew by $3.244B, injecting massive funds into the market.

The public pre-sale of $PUMP sold out in 12 minutes, further fueling excitement in the market.

🟢Stablecoin Market

The total stablecoin market cap increased by $3.244B.

Stablecoins(USDT&USDC) on #Hyperliquid increased by $967.9M and stablecoins(USDT&USDC) on #Arbitrum decreased by $497.8M.

🟢Spot & Perps Trading Volume on DEXs

The DEX spot trading volume reached $106.938B last week, up 21.12% from the previous week. Breakdown:

PancakeSwap: $46.357B (WoW +4.79%)

Uniswap: $17.053B (WoW +35.51%)

Raydium: $6.484B (WoW +37.66%)

Meanwhile, DEX perps trading volume totaled $86.889B, a 31.58% decrease week-over-week. Breakdown:

Hyperliquid: $54.619B (WoW +38.11%)

edgeX: $4.006B (WoW +49.48%)

Jupiter: $3.421B (WoW +42.01%)

🟢Announced BTC purchases

12 listed companies purchasing 5,871.33 $BTC($705M) last week.

🟢Institutional/Whale Activity

SharpLink(@SharpLinkGaming) bought 60,582 $ETH($180M) last week, of which 10,000 $ETH was purchased directly from the #EthereumFoundation.

https://intel.arkm.com/explorer/entity/sharplink-gaming

BlackRock (ETHA) accumulated 240,678 $ETH($729M) last week, the largest weekly net inflow in history.

https://www.blackrock.com/us/individual/products/337614/ishares-ethereum-trust-etf

In the perpetual market, @AguilaTrades picked the right side—longing $BTC, turning a loss of $35M into a profit of $2.3M.

https://x.com/lookonchain/status/1944604944302059683

But the gambler @qwatio bet the wrong way and had his position of $334M liquidated, with a total loss of $25.84M.

https://x.com/lookonchain/status/1944632609717244268