Hey there, crypto enthusiasts! If you’re keeping an eye on the blockchain world, you’ve probably seen the buzz around the latest Lookonchain weekly report for June 30–July 6, 2025. This report is packed with juicy details about Bitcoin OG wallets waking up after 14 years, a booming stablecoin market, and the latest on decentralized exchange (DEX) trading volumes. Let’s break it down in a way that’s easy to digest, even if you’re new to the crypto game!
Bitcoin OG Shakes the Market
One of the biggest headlines is the reactivation of a Bitcoin OG wallet holding a whopping 80,009 BTC (that’s about $8.69 billion!). This wallet had been dormant for over 14 years before transferring all its holdings last week. Imagine sitting on that kind of treasure and finally deciding to move it! The crypto community is buzzing with speculation about who owns it and whether a sell-off is on the horizon. This kind of move can stir the market, so it’s definitely worth watching.
Stablecoin Market on the Rise
Stablecoins, like USDT and USDC, are the steady backbone of the crypto world, and their market cap grew by $2.024 billion last week. The standout performer? Ethereum, which saw an impressive $847 million increase in stablecoin holdings. Other chains like Solana (+$231 million) and Arbitrum (+$115.6 million) also saw significant growth. This surge suggests more people are parking their money in stablecoins, possibly as a safe haven amid market uncertainty. Check out the chart above to see how the top 15 chains stacked up as of July 7, 2025!
DEX Trading: Spot vs. Perps
The report also dives into decentralized exchange (DEX) activity. Spot trading volume on DEXs hit $87.98 billion, with a slight 2.41% increase from the previous week. PancakeSwap led the pack at $44.238 billion, while Uniswap saw a dip to $11.676 billion. On the other hand, perpetual futures (perps) trading volume dropped 10.32% to $65.983 billion, with Hyperliquid dominating at $39.547 billion. These numbers give us a glimpse into where traders are focusing their energy—spot trading seems to be holding steady, while perps are cooling off a bit.
Institutional Moves and Whale Activity
Interestingly, the number of listed companies buying Bitcoin dropped last week, with only 11 companies purchasing 3,168.15 BTC ($343 million). MicroStrategy, a big player in this space, sat this one out. Meanwhile, a Bitcoin OG’s massive transfer stole the spotlight, and there’s chatter about Ethereum OGs selling off while SharpLink Gaming scoops up ETH. Whales and institutions often set the tone for market trends, so these moves could signal bigger shifts ahead.
What Does This Mean for Meme Tokens?
At Meme Insider, we’re all about meme tokens, and this report has some indirect implications. The stablecoin surge and DEX activity could mean more liquidity flowing into the meme token ecosystem, especially on chains like Ethereum and Solana. Plus, with Bitcoin OGs making waves, the overall market sentiment might influence meme token prices. Keep an eye on platforms like PancakeSwap, where meme token trading often thrives!
Final Thoughts
The Lookonchain weekly report for July 2025 is a goldmine of insights, from ancient Bitcoin wallets waking up to the steady growth of stablecoins and DEX trends. Whether you’re a seasoned trader or just dipping your toes into crypto, this data helps you stay ahead of the curve. What do you think—will that Bitcoin OG sell, or are we in for a bullish summer? Drop your thoughts in the comments, and stay tuned to Meme Insider for more crypto updates!