Sept 29–Oct 5, 2025 #LookonchainWeeklyReport 🟢 Onchain Overview Despite a slight dip in DEX volumes, the crypto market remained strong last week as BTC broke above 125,000 to a new all-time high. Stablecoin supply increased by 5.48B, while institutions like Bitmine and Metaplanet continued heavy accumulation of BTC and ETH, showing strong market confidence. 🟢 Stablecoin Market The total stablecoin market cap increased by 5.478B. Stablecoins(USDT&USDC) on #Ethereum increased by 2.24B and Stablecoins(USDT&USDC) on #Plasma decreased by 716M. 🟢 Spot & Perps Trading Volume on DEXs The DEX spot trading volume reached 120.883B last week, down -13.86% from the previous week. Breakdown: Uniswap: 28.738B (WoW -0.53%) PancakeSwap: 21.964B (WoW -1.66%) Meanwhile, DEX perps trading volume totaled 224.218B, a 8.29% decrease week-over-week. Breakdown: Hyperliquid: 58.919B (WoW -26.83%) Lighter: 55.377B (WoW -12.31%) 🟢 Institutional/Whale Activity Metaplanet bought 5,268 BTC(603.7M) at 116,870 last week and currently holds 30,823 BTC(3.53B), with an average buying price of 107,912. Strategy did not purchase any BTC last week. Bitmine bought 179,251 ETH(821.75M) last week and currently holds 2,830,151 ETH(12.97B).(Lookonchain)