July 28–Aug 3, 2025 #LookonchainWeeklyReport#
🟢 Onchain Overview
Last week, $BTC dropped below $112,000 and $ETH fell under $3,400, alongside a sharp decline in on-chain DEX trading volume.
Meanwhile, whales and institutions haven’t stopped accumulating $BTC and $ETH.
🟢 Stablecoin Market
The total stablecoin market cap increased by $1.99B. Stablecoins(USDT&USDC) on #Arbitrum increased by $662M and on # Hyperliquid decreased by $543.2M.
🟢 Spot & Perps Trading Volume on DEXs
The DEX spot trading volume reached $95.303B last week, down 21.59% from the previous week.
Breakdown:
Uniswap: $25.585

History seems to be repeating itself.
Smart trader 0xcB92C had over $11M in unrealized profits yesterday but didn't take profit.
Moments ago, as $ETH bounced above $3,660, he cut his losses — now sitting on a $1.7M loss.
Last time, he also held a $26M+ profit... and ended up closing with a $716K loss.

Aug 4 Update:
10 #Bitcoin# ETFs
NetFlow: -6,086 $BTC(-$695.63M)🔴
#Fidelity# outflows 2,965 $BTC($338.38M) and currently holds 202,441 $BTC($23.14B).
9 #Ethereum# ETFs
NetFlow: -6,127 $ETH(-$21.84M)🔴
#Grayscale# (ETHE) outflows 1,895 $ETH($6.76M) and currently holds 1,129,115 $ETH($4.03B).

Whales keep buying $ETH!
Newly created wallet "0x86F9" received 24,294 $ETH($86.48M) from over the past 6 hours.
Whale "0x40E9" received 15,627 $ETH($55.6M) from the Galaxy Digital OTC wallet over the past 2 hours.

Whale 0xab15 is bullish on $BTC and has opened a 40x leveraged long position, totaling 400 $BTC($45.37M).
He's set his take-profit target at $125,000.

Due to the market drop, trader 0x0558 had parts of his $BTC and $ETH long positions liquidated.
He fully closed his $ETH longs, with 640 $BTC($72.3M) longs left.
5 days ago, his total profit was over $18M, but now it’s down to just $494.7K—almost all of his gains are gone.

Fresh wallet 0xdf0A received another 16,495 $ETH($58.5M) from the Galaxy Digital OTC wallet 5 hours ago.
Since July 9, a total of 12 fresh wallets have accumulated 808,347 $ETH($2.85B).

Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and 38.86B $PEPE($414.7K) in the past 6 hours.

A Bitcoin OG just transferred 306 $BTC($35.37M) out after 12 years of dormancy.
This OG received 306 $BTC($23.7K at the time) 12 years ago, when the $BTC price was $77.
That's a 1,493x return!

August and September are historically the worst months for $BTC.
In eight of the past 12 years, $BTC prices have fallen in August and September, with a 67% probability of decline.

Aug 1 Update:
10 #Bitcoin# ETFs
NetFlow: -949 $BTC(-$109.845M)🔴
#ARK21Shares# outflows 767 $BTC($88.73M) and currently holds 48,500 $BTC($5.61B).
9 #Ethereum# ETFs
NetFlow: +8,183 $ETH(+$29.83M)🟢
#iShares# (Blackrock) inflows 4,841 $ETH($17.65M) and currently holds 3,029,059 $ETH($11.04B).

Whale 0xF436 is buying $ETH, withdrawing 14,520 $ETH($53M) from exchanges in the past 9 hours.
Just 5 days ago, this whale bought 38,606 $ETH($148.44M) for #SharpLinkGaming# .

Whale 0x4a20 with over $62M in total profits started going long again 30 minutes ago — 25x leverage on $ETH and 40x leverage on $BTC.

A smart trader(0x89Da) with over $2.9M in profits opened a 238,909 $SOL($42.3M) long position an hour ago.
In the past 20 days, this trader has made 14 trades, boasting an 85.71% win rate and total profits exceeding $2.9M.

July 31 Update:
10 #Bitcoin# ETFs
NetFlow: +9 $BTC(+$1.02M)🟢
#iShares# (Blackrock) inflows 295 $BTC($34.83M) and currently holds 740,896 $BTC($87.41B).
9 #Ethereum# ETFs
NetFlow: -613 $ETH(-$2.31M)🔴
#Fidelity# outflows 5,991 $ETH($22.62M) and currently holds 678,883 $ETH($2.56B).

Whale 0x720A exited Hyperliquid with a profit of $13.6M, then stopped perps trading and bought 3,322 $ETH($12.84M) spot.

Whale 8RwxXR previously lost $125K on $PUMP and spent another 17,542 $SOL($3.16M) to buy $1.06B of $PUMP at $0.00297 two hours ago.