Atomically dispersed metal catalysts maximize atom efficiency and display unique catalytic properties compared to regular metal nanoparticles. However, achieving high reactivity while still preserving high stability at high loadings remains as a grand challenge. Here we solve the challenge by synergizing strong metal-support interactions and spatial confinement, which enable to fabricate highly loaded (3.1 wt%), active and stable atomic Ni and dense atomic Cu grippers (8.1 wt%) on a graphitic C3N4 support. For semi-hydrogenation of acetylene in excess of ethylene, the fabricated catalyst shows 11 times higher activity than the atomic Ni alone, high ethylene selectivity (90%), and high stability against both sintering and coke formation for 350 h. Comprehensive microscopic and spectroscopic characterization and theoretical calculations reveal the active site of the bridging Ni confined in two hydroxylated Cu grippers, whose structure changes dynamically by breaking interfacial Ni-support bonds upon reactant adsorption and making these bonds upon product desorption. Such a dynamic effect confers high activity/selectivity and high stability, providing an avenue to rational design of efficient, stable, highly loaded, yet atomically dispersed catalysts.