Lookonchain

Mar 2–Mar 8, 2026 #LookonchainWeeklyReport
🟢 Overview
Capital continued flowing into crypto last week, with $3.51B stablecoin inflows and public companies adding 18,083.7 BTC ($1.24B), led by Strategy’s $1.28B BTC purchase. Meanwhile, DEX trading volume declined slightly WoW, signaling cooling trading activity despite strong institutional accumulation.
🟢 Stablecoin Market
The total stablecoin market cap increased by $3.51B.
🟢 Spot & Perps Trading Volume on DEXs
🟢 Protocol Revenue
🟢 Last week, 9 companies increased their holdings by 18,083.7 $BTC(+$1.24B).
🟢 Institutional/Whale Activity
B

Royal Government of #Bhutan is selling $BTC.
They transferred out another 175 $BTC($11.85M) 4 hours ago.

This trader is taking a huge risk on #oil!
He just opened a 20x long on 31,960 xyz:CL($3.2M) with an entry price of $101.79.
Liquidation price: $98.87

Has #gold already topped?
We noticed two whales have taken profits and sold about $40M worth of #gold in the past 2 days.
0x8C08 and 0xdfcA (belonging to the same whale) sold 5,250 $XAUT($26.91M) at $5,125 and 560 $PAXG ($2.9M) at $5,173 in the past 2 days, making a profit of $5.32M.
Another whale 0x8844 sold 1,934 $XAUT($9.74M) at $5,037 six hours ago, making a profit of $1.74M.

Trader pension-usdt.eth opened another 3x long on 1,000 $BTC($67.26M) 2 hours ago, and is now up $970K.
Since March 1, pension-usdt.eth has had 10 winning trades in a row — no losses.
His total profit is now $27.22M, with a win rate of 85%.
What a smart trader!

Four wallets (possibly owned by the same entity) sold 395 $WBTC($26.5M) at an average price of $67,063 about 5 hours ago.
5 months ago, this entity swapped $TBTC for $WBTC at $114,334.
After holding for 5 months, this entity lost $18.68M.

Whale 0x65B4, who previously mis-timed the bottom, is buying again.
14 hours ago, he spent 12.5M $USDC to buy 6,228 $ETH at $2,007.
After the Oct 11 crash last year, he spent 32.6M $USDC buying:
• 6,206 $ETH($22.6M)
• 92 $cbBTC($10M)
He later sold in November at a loss of $829K.

Mar 6 Update:
#Bitcoin ETFs:
1D NetFlow: -1,697 $BTC(-$116.94M)🔴
7D NetFlow: +13,014 $BTC(+$896.69M)🟢
#Ethereum ETFs:
1D NetFlow: -3,185 $ETH(-$6.34M)🔴
7D NetFlow: +33,041 $ETH(+$65.82M)🟢
#Solana ETFs:
1D NetFlow: -66,239 $SOL(-$5.63M)🔴
7D NetFlow: +353,121 $SOL(+$30.02M)🟢

WTI oil futures are pumping.
But trader 0x4ff9 is betting the opposite.
In the past hour, he opened a 3x short on 30,000 xyz:CL($2.67M).
Liquidation price: $114.88.

Jane Street, which was recently accused of insider trading during the LUNA / Terra crash and dumping Bitcoin at 10 am, is still actively trading.
In the past 2 hours, wallets linked to #JaneStreet deposited 270 $BTC ($19M) to and LMAX Digital.

Whale 0xf4b8 has closed his #oil long and made a $755K profit.
Then he switched to a 30x short on #XYZ100 (NASDAQ-100) with a position of over $25M.
Liquidation price: $26,688.65.