The address initiated a Triple TWAP today, entering a total long position of $31 million in BTC.

BlockBeats News, September 3rd, according to TradingBeats monitoring, an address has been continuously building a long position in BTC since 05:42 today, accumulating 400 BTC through regular trading and three rounds of TWAP, with a total transaction amount of approximately $31.046 million.

Specifically, the address bought 250.65 BTC through regular trading, with a transaction amount of approximately $19.493 million; a total of 149.35 BTC was executed through three rounds of TWAP, with a transaction amount of approximately $11.553 million. Two rounds of TWAP separately completed purchases of 68 BTC and 50 BTC, while the third round, originally planned to buy 200 BTC, was terminated early after executing 31.35 BTC.

The address currently holds a 20x leveraged long position of 400 BTC, with a position value of approximately $31.035 million, an average entry price of $77,613.7, an unrealized loss of approximately $11,000, and a liquidation price of around $72,863.8.