July 6–July 12, 2026 #LookonchainWeeklyReport

🟢 Overview

Stablecoin supply turned positive last week, while DEX spot volume recovered slightly but perp trading continued to slow. Strategy stayed on the sidelines, while Bitmine kept buying $ETH.

🟢 Stablecoin Market

The total stablecoin market cap increased by $121M.

🟢 Spot & Perps Trading Volume on DEXs

🟢 Protocol Revenue

🟢 Last week, 7 companies reduced their $BTC holdings by a combined 909.3 $BTC($56.96M).

🟢 Institutional/Whale Activity

Strategy neither sold nor bought back any $BTC last week.

But Bitmine continued buying 27,801 $ETH($49.12M) last week.

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