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🔥BULLISH

BTC: Companies Add 7,721 Bitcoin as DEX Volumes Rebound

Institutional accumulation and firmer trading activity outweighed a $1.65B stablecoin supply contraction, keeping the weekly market read constructive.

BTC: Companies Add 7,721 Bitcoin as DEX Volumes Rebound
BTC: Companies Add 7,721 Bitcoin as DEX Volumes Rebound
BTC: Companies Add 7,721 Bitcoin as DEX Volumes Rebound
BTC: Companies Add 7,721 Bitcoin as DEX Volumes Rebound

Public companies added 7,721 BTC worth $634.84 million during Oct. 12-18, while decentralized exchange activity recovered. DEX spot volume rebounded 5.83% week over week and perpetuals volume rose 4.36%.

Why it matters

The weekly data show stronger trading activity and continued institutional accumulation alongside a $1.65 billion decline in total stablecoin market capitalization. Strategy bought 267 BTC worth $21.95 million, while Bitmine added 12,535 ETH valued at $30.19 million.

Protocol revenue slipped 1.09% week over week, but Bordrless led weekly revenue growth with a 6,084% increase. The mix points to expanding activity across DEX markets even as liquidity measured through stablecoin supply contracted.

Market impact

The clearest positive signal was the scale of corporate crypto buying, with four companies collectively increasing their BTC holdings. Higher spot and perpetuals volumes add further evidence of active market participation, although the stablecoin contraction remains a countervailing liquidity signal for DeFi and broader crypto markets.

Related tokens
$BTC $ETH

Frequently asked questions

  1. How much BTC did public companies add during Oct. 12-18?

    Four companies increased their BTC holdings by a combined 7,721 BTC, valued at $634.84 million.

  2. How did DEX trading volumes change during the week?

    DEX spot volume rebounded 5.83% week over week, while perpetuals volume rose 4.36%.

  3. Which companies made notable crypto purchases?

    Strategy bought 267 BTC worth $21.95 million, while Bitmine purchased 12,535 ETH valued at $30.19 million.

  4. What happened to stablecoin market capitalization?

    Total stablecoin market capitalization fell by $1.65 billion during the week.

  5. How did protocol revenue perform?

    Protocol revenue slipped 1.09% week over week, while Bordrless led weekly revenue growth with a 6,084% increase.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 52m ago
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