According to a tweet from on-chain analytics platform Lookonchain, despite a $2.69 billion increase in stablecoin supply, DEX trading activity cooled, with spot and perpetual contract trading volumes declining week-over-week. Meanwhile, institutional investors continued to increase their holdings, with Strategy purchasing 22,300 BTC (worth $1.57 billion) and publicly traded companies adding a total of 21,500 BTC (worth $1.58 billion).






