According to Lookonchain, for Jan 5–11, 2025, the total stablecoin market cap declined by $40.34 million while DEX spot and perpetual volumes increased week over week (source: Lookonchain). Institutions and whales added a net 12,437 BTC last week, with seven companies increasing holdings by 13,998.3 BTC ($1.28B) and two reducing by 1,561 BTC ($142.68M) (source: Lookonchain). Strategy purchased 13,627 BTC (~$1.25B), the largest weekly buy in the past five months, while Tom Lee acquired 24,266 ETH (~$75.59M), his lowest weekly purchase on record (source: Lookonchain).

According to @CoinMarketCap, Ethereum-based perpetuals DEX Lighter is launching spot trading starting with ETH, expanding beyond its core perps business. According to @CoinMarketCap, the platform recorded 292.5 billion dollars in trading volume in November.