Data: Institutions Bought Over $4.7 Billion Worth of ETH Last Week
According to Jinse Finance, the stablecoin market has expanded by $6.72 billion, with USDT and USDC on the Ethereum network increasing by $4.46 billion. Decentralized exchanges have shown strong performance, with spot trading volume reaching $124.264 billion, a month-on-month increase of 29.47%. Perpetual contract trading volume reached $164.684 billion, up 48.64% compared to the previous month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Foundation: BPO-1 Activated, Blob Capacity per Block Increased to 15
Analysis: The current market is in a risk-on mode, and bitcoin sellers may soon disappear
RootData: QAI will unlock tokens worth approximately $22.88 million in one week
Data: US-listed company Exodus Movement sold 245 bitcoins, reducing its total holdings to 1,902 bitcoins.
Trending news
MoreCrypto prices
More
