July 28–Aug 3, 2025 #LookonchainWeeklyReport
🟢 Onchain Overview
Last week, $BTC dropped below $112,000 and $ETH fell under $3,400, alongside a sharp decline in on-chain DEX trading volume.
Meanwhile, whales and institutions haven’t stopped accumulating $BTC and $ETH.
🟢 Stablecoin Market
The total stablecoin market cap increased by $1.99B. Stablecoins(USDT&USDC) on #Arbitrum increased by $662M and on #Hyperliquid decreased by $543.2M.
🟢 Spot & Perps Trading Volume on DEXs
The DEX spot trading volume reached $95.303B last week, down 21.59% from the previous week.
Breakdown:
Uniswap: $25.585B (WoW -0.28%)
PancakeSwap: $13.725B (WoW -15.28%)
Raydium: $7.264B (WoW -17.44%)
Meanwhile, DEX perps trading volume totaled $121.139B, a 7.68% decrease week-over-week.
Breakdown:
Hyperliquid: $77.168bB (WoW -13.10%)
edgeX: $$5.995B (WoW +14.65%)
Jupiter: $4.962B (WoW -19.77%)
🟢 Announced BTC purchases
16 listed companies purchased 31,478 $BTC($3.61B) last week. MicroStrategy(@Strategy) purchased 21,021 $BTC($2.46B) last week.
🟢 Institutional/Whale Activity
Whales/institutions kept buying $ETH last week.
12 fresh wallets bought 225,099 $ETH($819M) last week, with a total of 808,347 $ETH($2.85B) since July 9.
SharpLink(@SharpLinkGaming) bought 60,694 $ETH($221M) last week and currently holds 498,711 $ETH($1.81B).
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