May 11–May 17, 2026 #LookonchainWeeklyReport

🟢 Overview

Stablecoin inflows slowed to $549M, and DEX spot and perp volumes both pulled back after last week’s rebound. But institutional accumulation stayed strong, led by Strategy's 24,869 $BTC($2.01B) purchase and Bitmine's 71,672 $ETH($153.66M) buy.

🟢 Stablecoin Market

The total stablecoin market cap increased by $549M.

🟢 Spot & Perps Trading Volume on DEXs

🟢 Protocol Revenue

🟢 Last week, 8 companies increased their holdings by 25,302 BTC

(+$1.93B).

🟢 Institutional/Whale Activity

Michael Saylor(@saylor)'s @Strategy bought another 24,869 $BTC($2.01B) at $80,985 and Tom Lee(@fundstrat)'s #Bitmine bought 71,672 $ETH($153.66M) last week.

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