BTC whale starts a $15.46 million TWAP order with plans for 40x long exposure

BTC whale starts a $15.46 million TWAP order with plans for 40x long exposure

N
News Editor
2026-08-24 05:55:50
A whale wallet starting with 0x85e has placed a time-weighted average price, or TWAP, buy order for roughly 200.5 BTC, according to TradingBeats, formerly Hyperinsight. With BTC quoted at about $77,124, the planned order is valued at around $15.46 million and is expected to run for about 48.5 hours. Only about 5% of the order has been filled so far, leaving roughly 95% still pending. TradingBeats also showed that the same whale currently holds about 73.5 BTC in long positions. The position is worth around $5.65 million, uses 40x leverage, carries an average entry price of about $77,503, and has a liquidation price near $68,821. That liquidation level sits about 10.8% below the current market price cited in the update. The monitoring update came from BlockBeats on Aug. 24, citing TradingBeats. The platform said its on-chain perpetuals and address analysis tool is now live, with support for real-time Hyperliquid data and tracking that links wallet addresses to whale trading activity.

BlockBeats reported on Aug. 24 that, according to TradingBeats, formerly Hyperinsight, BTC was trading at about $77,124 when a wallet beginning with 0x85e launched a TWAP buy order expected to run for roughly 48.5 hours. The order is set to slowly accumulate about 200.5 BTC.

Order size estimated at $15.46 million

At the quoted market price, the total planned order is worth about $15.46 million. Only around 5% of the order has been executed so far, with roughly 95% of the plan still unfilled.

Existing long position uses 40x leverage

TradingBeats data showed that the whale currently holds about 73.5 BTC in aggregate long positions. The position is valued at about $5.65 million, uses 40x leverage, has an average entry price of about $77,503, and carries a liquidation price of about $68,821, or around 10.8% away from the current price.

TradingBeats tool now live

BlockBeats added that TradingBeats, an on-chain perpetuals and address analysis tool, is now live and supports real-time Hyperliquid data, covering address tracing and whale activity tracking.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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