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@lookonchain

August 3–August 9, 2026 #LookonchainWeeklyReport 🟢 Overview Stablecoin supply grew by $931.4M last week, DEX spot volume fell and perp volume fell, while public companies shed 66 BTC. 🟢 Stablecoin Market The total stablecoin market cap increased by $931.4M. 🟢 Spot & Perps Trading Volume on DEXs DEX spot volume fell 11.95% and perp volume fell 25.00% WoW. 🟢 Protocol Revenue Protocol revenue slipped 2.14% WoW, while Pyth led weekly revenue growth with a 3320% increase. 🟢 Last week, 5 companies added and 3 companies reduced $BTC holdings, a net -66 $BTC($4.26M). 🟢 Institutional/Whale Activity #Strategy sold 1,690 $BTC($108.6M), and #Bitmine bought 7,391 $ETH($14.15M) last week.

3:12 PM · Aug 10, 2026 · 52K Views

9 Reposts 110 Likes 3 Bookmarks

17 replies collected of 23 X reports

@Radiant Retro Rides @joaustin65 · Aug 10

@lookonchain Another great perspective. The value in your posts comes from the process, experience, and mindset you share. Glad to continue learning from you and @nickdannunzio.

🧠

🧠 Fred | PocketIQ | Free AI Trading @FredPocketIQ · Aug 10

@lookonchain 👆 You’re either ready or not

256Block @rachywoods2000 · Aug 10

@lookonchain x.com/i/grok/share/2f1e73a9cb6…

mzKarmel @mzkarmel1 · Aug 10

@lookonchain perp volume down 25% wow and stablecoin supply still up 931m, deleveraging and dry powder building at the same time

ZeroMazed @ZeroMazed · Aug 10

@lookonchain onchain summer ain't happening yet lol

Zippy @zippy257 · Aug 10 15K

@lookonchain forget the volume dip, Strategy selling is the part that needs explaining

Kaff 📊 @Kaffchad · Aug 10 29K

@lookonchain pyth up 3320% while everything else is bleeding is the most2026 stat i've seen this year

TEX_Wallet @TEX_Wallet · Aug 10

@lookonchain 66 BTC net out and somehow everyone still has a different strategy

Richman | Macro & Crypto @Richmanvn · Aug 10

Solid weekly snapshot. Stablecoin supply +$931M while DEX volumes contracted (especially perps -25%) suggests dry powder is building rather than being deployed. Strategy’s 1,690 BTC sale is notable, but the broader institutional flow picture remains mixed. Low leverage + rising stables is usually constructive medium-term if risk appetite returns.

Jimmy @Jimmyyweb3 · Aug 10

@lookonchain Stables up, volumes down quiet before the storm?

GutsPolyArc @GutsPoly · Aug 10

@lookonchain Pyth up 3320% while everything else bleeds one protocol printing in a down week

PolyOrderbooks @polyorderbooks · Aug 10

@lookonchain Stablecoins grew while trading cooled—capital is entering, but risk appetite looks muted.

Trending Trading @Trending_Tradin · Aug 10

@lookonchain This is where the execution mechanic matters: crypto majors plus US equity and gold perps settle in one margin account. It makes the invalidation visible before entry instead of after the position needs rescuing. Trading involves risk.

JD @ssang105 · Aug 10

@lookonchain Stablecoin supply +$931M last week while BTC ETFs absorbed +12,354 BTC ($799M). Both demand signals firing at the same time. Exchange supply keeps declining. This isn't momentum chasing — it's structural accumulation building below the surface.

飞

飞叔 @RyanJ_KOL · Aug 10

@lookonchain The divergence is worth watching: stablecoin supply expanded while DEX volumes compressed. That may signal capital waiting rather than risk appetite disappearing.

Yuna Build みらい @yunabuild · Aug 11

@lookonchain I'm not sure the stablecoin bump says much with both DEX volumes down

Ryo Signal @ryo_signal68 · Aug 11

@lookonchain Odd. I'd separate ETF flows from the public-company BTC tally here