Rewards Hub Decentralized exchange (DEX) spot and perpetual trading volumes saw a significant rebound last week, accompanied by a surge in protocol revenues across major blockchain ecosystems. Public companies increased their Bitcoin holdings by 1,714 BTC, valued at approximately $117.22 million. Notably, Bitmine acquired 50,928 ETH worth $98.6 million, while Strategy purchased 3,015 BTC for $204.1 million at an average price of $67,700.
In the stablecoin market, the total market capitalization rose by $276 million. Additionally, Ethereum co-founder Vitalik Buterin completed his planned sale of 19,326 ETH, generating $39.36 million at an average price of $2,037 per ETH. These developments highlight significant institutional and whale activity in the crypto market over the past week.
DEX Volumes and Protocol Revenues Surge; Major Crypto Purchases by Companies
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