October 5 to 11 Total stablecoin market capitalization decreased 856000000 USD, while listed companies reduced their holdings net 89 coins BTC
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AT A GLANCE
Total stablecoin market capitalization decreased last week 856000000 USD, while listed companies reduced their holdings net by 89 coins BTC。
Article
Stablecoin supply decreased last week 856000000 USD, while listed companies reduced their holdings net 89 coins BTC BlockBeats reports that October 12, according to monitoring by Lookonchain, total stablecoin market capitalization decreased by 856000000 USD，DEX spot trading volume decreased week-on-week by 19.34%, while perpetual futures trading volume rebounded by 8.20%. During the same period, protocol revenue increased week-on-week by 4.44%, while Base App's weekly revenue increased by 519%.
Regarding listed companies'BTC holdings, last week 1 companies increased their holdings and 3 companies reduced their holdings, for a combined net reduction of 89 BTC, worth approximately 7370000 USD.
Regarding institutional and whale activity, Strategy bought 250 BTC last week, worth approximately 20690000 USD; Bitmine bought 12,532 ETH, worth approximately 31750000 USD.
Original link https://m.theblockbeats.info/flash/371437
Key points
01
BlockBeats, on October 12 citing Lookonchain monitoring, reported that total stablecoin market capitalization decreased by 856000000 USD。
02
Last week,DEX spot trading volume decreased week-on-week by 19.34%, while perpetual futures trading volume rebounded 8.20%。
03
Protocol revenue increased week-on-week by 4.44%, while Base App's weekly revenue increased by 519%。
04
Last week, 1 listed companies increased their holdings BTC、3 companies reduced their holdings BTC, for a combined net reduction of 89 coins BTC, worth approximately 7370000 USD。
05
Strategy bought 250 coins BTC, worth approximately 20690000 USD。
06
Bitmine bought 12,532 coins ETH, worth approximately 31750000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This set of data summarizes changes in capital, trading, and institutional holdings in the crypto market last week: stablecoin market capitalization decreased,DEX spot trading declined, while perpetual futures trading and protocol revenue increased somewhat. Listed companies recorded a small overall net reduction of BTC, while Strategy and Bitmine bought BTC and ETH。
Why it matters to readers
These indicators can help track 1 weekly capital size, trading preferences, and changes in large holdings in the crypto market, but a single week's data alone cannot confirm the subsequent price direction.
Beginners can understand total stablecoin market capitalization as an indicator of the scale of one category of tradable funds in the crypto market, and view DEX spot and perpetual futures trading volume as indicators of activity for different trading methods. A net reduction in holdings means that the quantity of BTC sold within the statistical scope exceeded the quantity bought.
Risks and unknowns
The report does not provide raw on-chain data or company announcements, so the relevant figures cannot be independently verified based on this article alone.
The report does not specify the exact statistical scope or calculation methods for stablecoins, protocol revenue, and listed companies.
The report does not list all the names of the listed companies that increased or reduced their holdings BTC.
The specific start and end dates of “last week” are not stated in the original report.
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The report does not explain whether these changes will affect BTC、ETH or the prices of other assets.
Related concepts
Total stablecoin market capitalization
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
