Last week, stablecoin supply decreased by $856 million, and listed companies net sold 89 BTC.

BlockBeats news, October 12th, according to Lookonchain monitoring, the total market capitalization of stablecoins decreased by $856 million last week, DEX spot trading volume fell 19.34% week-over-week, while perpetual contract trading volume rebounded 8.20%. During the same period, protocol revenue grew 4.44% week-over-week, with Base App weekly revenue increasing 519%.

Regarding BTC holdings of listed companies, last week 1 company increased its holdings while 3 companies reduced theirs, with a total net reduction of 89 BTC, valued at approximately $7.37 million.

In terms of institutional and whale activity, Strategy bought 250 BTC last week, valued at approximately $20.69 million; Bitmine bought 12,532 ETH, valued at approximately $31.75 million.