Lookonchain data showed a pullback across several crypto market indicators last week. Total stablecoin market capitalization fell by $856 million, while decentralized exchange spot trading volume dropped 19.34% from the previous week. Perpetual futures volume moved the other way, rising 8.20% over the same period. Protocol revenue also increased 4.44%, with Base App standing out after its weekly revenue jumped 519%.
On corporate Bitcoin holdings, one public company added to its position and three reduced exposure, leaving listed firms with a net decrease of 89 BTC, worth about $7.37 million. Lookonchain also tracked activity from institutions and large holders. Strategy bought 250 BTC last week, valued at about $20.69 million, while Bitmine purchased 12,532 ETH worth roughly $31.75 million. The figures were cited by BlockBeats in a report published on Oct. 12.
BlockBeats said on Oct. 12, citing monitoring data from Lookonchain, that the total stablecoin market cap dropped by $856 million last week.
Over that same stretch, DEX spot trading volume slid 19.34% from the prior week, while perpetual futures trading volume edged up 8.20%. Protocol revenue also rose 4.44%. And Base App's weekly revenue? Up 519%.
As for BTC held by public companies, one listed firm added to its stash and three cut theirs. The net result was a decline of 89 BTC, worth roughly $7.37 million.
On the institutional and whale side, Strategy picked up 250 BTC last week, valued at about $20.69 million. Bitmine bought 12,532 ETH, worth about $31.75 million.
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