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Bitcoin OG sold BTC to buy ETH
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Lookonchain· 2025-08-25 15:05
Aug 18–Aug 24, 2025 #LookonchainWeeklyReport🟢 Onchain OverviewThe crypto market was active this week, with a slight increase in total DEX trading volume.Hyperliquid's performance was particularly outstanding, as its stablecoin holdings grew by $256M and its spot trading volume surged by 158.38%.This was mainly driven by a whale who swapped $2.59B worth of BTC for ETH on the platform and opened a long position, pushing ETH to a new all-time high.🟢 Stablecoin MarketThe total stablecoin market cap increased by ...