Lookonchain: Firms Buy 4508 BTC for $288M
Lookonchain reports public companies purchased 4508 BTC worth $288M last week, with Strategy leading at $65332 per coin amid DEX volume surges.
SourceAnalysis
Lookonchain data shows public companies acquired 4508 BTC ($288M) from June 1-7 2026, led by Strategy adding 1550 BTC at $65332 and Bitmine purchasing 126971 ETH ($213M), while DEX spot volume jumped 64% and perp volume 69% week-over-week. BTC trades at $64056.9 inside its Bollinger band with upper resistance at $64142.45 and lower support at $59473.89; the bearish structure holds below EMA50 at $65302.41 yet MACD registers a bullish golden cross at -431.87 while RSI sits neutral at 55.4, pointing to a likely test of upper band resistance before any retracement toward the 50-EMA level.
Lookonchain
@lookonchainLooking for smartmoney onchain