Due to the rise in $BTC, gambler 0x128e closed his 250 $BTC($20.32M) short, taking a $308K loss, and then withdrew the remaining $191.5K from Hyperliquid. https://x.com/lookonchain/status/2051847788934410253
This fresh wallet(0xbA04) keeps adding more to its long on Micron ( $MU), now holding 10,443 xyz:MU ($7.05M) and already up over $796K. https://x.com/lookonchain/status/2051609715508117759
🟢 Overview Stablecoin inflows stayed weak at +$173M, while DEX spot volume plunged ~20% and perps also declined, signaling a clear cooldown in trading activity. Despite this, institutions kept accumulating modestly (+620 BTC), with Bitmine continuing aggressive ETH buys while Strategy paused BTC purchases.
🟢 Stablecoin Market The total stablecoin market cap increased by $173M.
🟢 Spot & Perps Trading Volume on DEXs
🟢 Protocol Revenue
🟢 Last week, 7 companies increased their holdings by 620 $BTC(+$49.45M).
🟢 Institutional/Whale Activity Tom Lee(@fundstrat)'s #Bitmine bought another 101,745 $ETH($238M) and Michael Saylor(@saylor)'s @Strategy didn't buy any $BTC last week.