A BTC Whale Initiates $15.46 Million TWAP Order, Planning 40x Long Position

BlockBeats News, August 24th, according to TradingBeats (formerly Hyperinsight) monitoring, BTC is currently trading at around $77,124. An address starting with 0x85e has initiated a short-term TWAP buy order lasting approximately 48.5 hours, aiming to slowly buy about 200.5 BTC.

Based on the current price, the total size of this order is approximately $15.46 million. The progress is only about 5% at the moment, with about 95% of the plan yet to be completed.

The whale currently holds a total of about 73.5 BTC in long positions: position value of around $5.65 million; 40x leverage; average price of approximately $77,503; liquidation price around $68,821, which is 10.8% away from the current price.

The on-chain Perp and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, tracing addresses to whale operations, providing in-depth analysis, leaving nothing hidden.