Apr 20–Apr 26, 2026 #LookonchainWeeklyReport

🟢 Overview

Liquidity was flat with only $53M stablecoin inflows, while DEX spot and perp volumes both declined sharply WoW. Despite softer trading activity, public companies still added 4,189 BTC ($321.5M), showing continued institutional accumulation.

🟢 Stablecoin Market

The total stablecoin market cap increased by $53M.

🟢 Spot & Perps Trading Volume on DEXs

🟢 Protocol Revenue

🟢 Last week, 9 companies increased their holdings by 4,189 $BTC(+$321.5M).

🟢 Institutional/Whale Activity

Tom Lee(@fundstrat)'s #Bitmine bought another 101,901 $ETH($236M) and Michael Saylor(@saylor)'s @Strategy bought another 3,273 $BTC($255M) at $77,906 last week.