Dec 22–Dec 28, 2025 #LookonchainWeeklyReport 🟢 Overview Stablecoins dropped $977M while DEX activity weakened. Institutions added 1,551 BTC, and large buyers accumulated over 136K ETH, including Bitmine and Trend Research. Arthur Hayes rotated from ETH into LDO, PENDLE, and ENA. 🟢 Stablecoin Market The total stablecoin market cap decreased by $977M. 🟢 Spot & Perps Trading Volume on DEXs 🟢 Protocol Revenue 🟢 Last week, 5 companies increased their holdings by 1,550.84 BTC($135.93M). 🟢 Institutional/Whale Activity Tom Lee(@fundstrat)'s #Bitmine bought another 44,463 ETH($130M) last week and currently holds 4,110,525 ETH($12.02B). https://x.com/lookonchain/status/2005638411517120583 Trend Research(@Trend_Research_) bought 92,415 ETH($274M) over the past week. https://intel.arkm.com/explorer/entity/trend-research Arthur Hayes(@CryptoHayes) sold ETH to buy LDO, PENDLE and ENA. https://intel.arkm.com/explorer/entity/arthur-hayes(Lookonchain)