Stablecoins, DEX volumes, and protocol revenues all increased. Institutions bought 11,260 BTC, while whales sharply accumulated ETH and reactivated long-dormant BTC wallets.
š¢ Stablecoin Market The total stablecoin market cap increased by $2.45B.
š¢ Spot & Perps Trading Volume on DEXs
š¢ Protocol Revenue
š¢ Last week, a total of 9 public companies increased their holdings by 11,260.51 $BTC($1.02B).
š¢ Institutional/Whale Activity Tom Lee(@fundstrat)'s #Bitmine bought another 138,452 $ETH($434.74M) last week and currently holds 3,864,951 $ETH($12.13B). https://x.com/lookonchain/status/1998024191925506087 Smart whales are all unanimously going long on $ETH. https://x.com/lookonchain/status/1997848315598348556 Two whale wallets woke up after 14+ years of dormancy and transferred 2,000 $BTC($178M) to new wallets. https://intel.arkm.com/explorer/address/1Au1uZnK87eUMoJKRL9S3wroM29AiUQtL5 https://intel.arkm.com/explorer/address/1Au17NJipcVz2CDbVJBYBajR4AkinbLT7P Mysterious whale "0xBC64" bought $35.7M worth of 12 assets during the market dip and moved them to on-chain wallet. https://x.com/lookonchain/status/1997078723192078659
This #BitcoinOG(1011short) deposited another 20M $USDC to #Hyperliquid within the past hour, then opened a 5x long on 14,277 $ETH($43.09M) at an entry price of $2,965.85.