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Gate Square New & Returning Creator Rewards are ongoing!
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Jan 5, 2025–Jan 11, 2025 #LookonchainWeeklyReport
🟢 Overview
Stablecoins dipped $40.34M, but DEX volumes saw solid week-over-week growth. Institutions added a net 12,437 BTC, led by Strategy’s 13,627 BTC accumulation.
🟢 Stablecoin Market
The total stablecoin market cap decreased by $40.34M.
🟢 Spot & Perps Trading Volume on DEXs
🟢 Protocol Revenue
🟢 Last week, 7 companies increased their holdings by 13,998.3 BTC(+$1.28B), 2 companies decreased their holdings by 1,561 BTC(-$142.68M).
🟢 Institutional/Whale Activity
Strategy bought 13,627 $BTC($1.25B) last week — its largest weekly purchase in the past 5 months.
Meanwhile, Tom Lee bought 24,266 $ETH($75.59M) last week, marking his lowest weekly purchase on record.