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).