Whale Movements Alert

Cryptocurrency Market Weekly Report: BTC and ETH Trends 🔵 On-Chain Overview Last week, the prices of $BTC and $ETH fell to below $112,000 and $3,400, respectively, while the trading volume on decentralized exchanges (DEX) significantly decreased. However, whales and institutions continue to accumulate $BTC and $ETH. 🔵 Stablecoin Market The total market cap of stablecoins increased by $1.99 billion. Stablecoins on the Arbitrum chain (USDT & USDC) increased by $662 million, while those on Hyperliquid decreased by $543.2 million. 🔵 DEX Spot and Perpetual Contract Trading Volume Last week, DEX spot trading volume reached $95.303 billion, a decrease of 21.59% from the previous week. Breakdown: Uniswap: $25.585 billion (MoM -0.28%) PancakeSwap: $13.725 billion (MoM -15.28%) Raydium: $7.264 billion (MoM -17.44%) Meanwhile, the total perpetual trading volume on DEX was $121.139 billion, a decrease of 7.68% from the previous week. Breakdown: Hyperliquid: $77.168 billion (MoM -13.10%) edgeX: $5.995 billion (MoM +14.65%) Jupiter: $4.962 billion (MoM -19.77%) 🔵 BTC Purchases Announced Last week, 16 publicly traded companies purchased 31,478 $BTC ($3.61 billion). MicroStrategy purchased 21,021 $BTC ($2.46 billion) last week. 🔵 Institutional/Whale Activity Last week, whales/institutions continued to purchase $ETH. 12 new wallets purchased 225,099 $ETH ($819 million) last week, totaling 808,347 $ETH ($2.85 billion) since July 9. SharpLink purchased 60,694 $ETH ($221 million) last week and currently holds 498,711 $ETH ($1.81 billion).