Apr 27–May 3, 2026 #LookonchainWeeklyReport 🟢 Overview Stablecoin inflows stayed weak at +$173M, while DEX spot volume plunged ~20% and perps also declined, signaling a clear cooldown in trading activity. Despite this, institutions kept accumulating modestly (+620 BTC), with Bitmine continuing aggressive ETH buys while Strategy paused BTC purchases. 🟢 Stablecoin Market The total stablecoin market cap increased by $173M. 🟢 Spot & Perps Trading Volume on DEXs 🟢 Protocol Revenue 🟢 Last week, 7 companies increased their holdings by 620 BTC(+$49.45M). 🟢 Institutional/Whale Activity Tom Lee(@fundstrat)'s #Bitmine bought another 101,745 ETH($238M) and Michael Saylor(@saylor)'s @Strategy didn't buy any BTC last week.(Lookonchain)