Scan to download
BTC $76,730.42 -1.85%
ETH $2,288.63 -3.05%
BNB $622.95 -1.61%
XRP $1.39 -2.41%
SOL $84.55 -2.62%
TRX $0.3256 +0.47%
DOGE $0.0978 -1.35%
ADA $0.2457 -2.73%
BCH $448.59 -0.93%
LINK $9.24 -2.66%
HYPE $41.72 +0.34%
AAVE $96.36 -0.78%
SUI $0.9261 -2.11%
XLM $0.1648 -3.55%
ZEC $356.20 -0.67%
BTC $76,730.42 -1.85%
ETH $2,288.63 -3.05%
BNB $622.95 -1.61%
XRP $1.39 -2.41%
SOL $84.55 -2.62%
TRX $0.3256 +0.47%
DOGE $0.0978 -1.35%
ADA $0.2457 -2.73%
BCH $448.59 -0.93%
LINK $9.24 -2.66%
HYPE $41.72 +0.34%
AAVE $96.36 -0.78%
SUI $0.9261 -2.11%
XLM $0.1648 -3.55%
ZEC $356.20 -0.67%

rpl

Strategy $255 million leads but momentum sharply declines: Increased holdings reduced by 90%, several global reserve companies slightly follow up with purchases

According to SoSoValue data, as of 8 AM Eastern Time on April 27, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $260 million, a decrease of 89.8% compared to last week.Strategy (formerly MicroStrategy) announced an investment of $255 million (a decrease of 90% compared to last week) to purchase 3,273 Bitcoins at a price of $77,906, bringing the total holdings to 818,334 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, three other companies purchased Bitcoin last week. The Japanese fashion brand ANAP invested $770,000 on April 21 to increase its holdings by 9.1785 Bitcoins at a price of $84,239.7, bringing the total holdings to 1,431.9716 Bitcoins; the UK Bitcoin company The Smarter Web Company announced an investment of $3.39 million on April 24 to purchase 44 Bitcoins at a price of $77,071, bringing the total holdings to 2,750 Bitcoins; the French Bitcoin company announced an investment of $460,000 on April 27 to purchase 6 Bitcoins at a price of $77,151, bringing the total holdings to 2,943 Bitcoins.Metaplanet has issued zero-interest bonds worth 8 billion yen (approximately $50 million) for the purpose of purchasing Bitcoin.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,084,909 Bitcoins, an increase of 0.3% compared to last week, with a current market value of approximately $8.434 billion, accounting for 5.4% of the circulating market value of Bitcoin.

Spark releases Q1 2026 financial report: net agreement surplus of 3.46 million USD

The Spark protocol released its financial report for the first quarter of 2026 on April 27.The report shows that the gross protocol return for the quarter was $31.5 million (a 31% decrease quarter-over-quarter), the net protocol return was $6.91 million (a 30% decrease quarter-over-quarter), and the net protocol surplus was $3.46 million (a 47% decrease quarter-over-quarter). The protocol treasury reached a size of $46.1 million at the end of the quarter (a 5.7% increase quarter-over-quarter). Additionally, Spark launched a SPK token buyback program, investing $986,000 to repurchase tokens from the open market.The revenue structure for this quarter has shifted, with distribution rewards becoming the largest net return contributor to the protocol ($3.31 million), surpassing the net income from Spark Liquidity Layer (SLL) for the first time. The average deployed capital for SLL was $1.93 billion, with an average annualized yield of 5.8%. SparkLend continues to support institutional-level lending operations, with its USDT savings treasury continuing to grow. The Spark institutional lending product deployed $150 million at the end of the quarter, with governance approving its $1 billion cap.The report noted that the current unfavorable conditions in the DeFi lending market have led to a narrowing of the SLL interest margin, but the protocol's distribution business has seen significant growth. USDS, as a scalable savings-based return mechanism in a poor market environment, is continuously expanding its distribution channels to multi-chain and various stablecoins.

Analysis: During the Bitcoin bear market phase, whales dominate CEX deposits, and stablecoin inflows sharply decrease

According to The Block, in the current bear market environment, the inflow of funds to Bitcoin trading platforms is dominated by large holders. Data shows that the whale ratio on trading platforms has risen to 0.64, the highest level since October 2015, indicating that 64% of the Bitcoin inflow to trading platforms comes from the top ten single deposit addresses, showing that large investors are leading the sell-off.At the same time, the average single transaction inflow to Bitcoin trading platforms has risen to 1.58 BTC, the highest level since the mid-point of the last bear market in June 2022. However, after Bitcoin pulled back to around $60,000 earlier this month, total inflows to trading platforms briefly surged to about 60,000 BTC (the highest since November 2024), before falling back to a 7-day average of about 23,000 BTC, a decrease of about 60% from the peak, indicating that the phase of panic selling has eased, but the overall inflow level is still higher than in previous months.In terms of altcoins, selling pressure is also evident. Since 2026, the average daily number of deposits for altcoins on trading platforms has been about 49,000, a 22% increase from about 40,000 in the fourth quarter of 2025. CryptoQuant points out that high altcoin deposits usually indicate rising volatility and reflect weak market confidence in non-Bitcoin assets. Additionally, the inflow of stablecoins has significantly declined. The daily net inflow of Tether (USDT) to trading platforms has dropped from a peak of $616 million in November 2025 to about $27 million recently, with multiple instances of net outflows during this period, including a single-day net outflow of $469 million on January 25, 2026.The institution believes that the decrease in stablecoin inflows means that the "ammunition" for marginal buying has diminished. Overall, CryptoQuant believes that the current market structure shows characteristics of concentrated Bitcoin selling at whale addresses, widespread distribution of altcoins, and a contraction in stablecoin liquidity, indicating that in the ongoing bear market phase, market demand is limited, and prices face further volatility risks.
app_icon
ChainCatcher Building the Web3 world with innovations.