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.