Lookonchain Weekly Report: Stablecoin Market Cap Rises $113.2M, DEX Trading Cools, Public Companies Reduce BTC Holdings
According to Lookonchain's weekly report for July 20-26, the total stablecoin market cap increased by $113.2 million. Meanwhile, DEX trading cooled, with spot volume down 6.65% and perpetuals volume down 14.9% week-over-week. Institutional activity remained muted, as public companies collectively reduced their Bitcoin holdings by 360 BTC ($23.22 million), and Bitmine bought 9,946 ETH ($19.38 million).
Source:X@lookonchain · Source Link
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