A wallet address activated three rounds of TWAP orders on September 3, accumulating 400 BTC worth approximately $31.046 million. According to TradingBeats monitoring, the address used regular trades and three TWAP rounds to build a long position, with one round prematurely terminated after executing 31.35 BTC out of a planned 200 BTC. The position is held with 20x cross leverage, with an average entry price of $77,613.7 and a floating loss of around $11,000.
Wallet Accumulates 400 BTC via Three TWAP Rounds
BlockBeats reported that on September 3, TradingBeats monitoring showed a wallet address start building a long BTC position at 05:42 UTC. It did it through standard trades and three TWAP (Time-Weighted Average Price) rounds. End result: 400 BTC accumulated in total, with transaction value of about $31.046 million. Of that, 250.65 BTC was bought through regular orders, worth roughly $19.493 million. The three TWAP rounds added up to 149.35 BTC for a total of $11.553 million. Two of those TWAP rounds finished at 68 BTC and 50 BTC. The third had originally been set for 200 BTC, but it was cut short after only 31.35 BTC was executed. Right now, the address is holding 400 BTC in long positions with 20x cross leverage. Position value is around $31.035 million, the average entry price is $77,613.7, the floating loss sits near $11,000, and the liquidation price is about $72,863.8.
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