Odaily Planet Daily reports that, starting at 05:42 today, a specific address has consistently built a long position in BTC, accumulating a total of 400 BTC through regular trades and three TWAP orders, with a total transaction value of approximately $31.046 million. Of this, the address purchased 250.65 BTC via regular trades, amounting to approximately $19.493 million; three TWAP orders executed a combined total of 149.35 BTC, valued at approximately $11.553 million. Two TWAP orders completed purchases of 68 BTC and 50 BTC respectively, while a third TWAP order, originally planned to buy 200 BTC, was terminated early after executing only 31.35 BTC. The address currently holds a 400-BTC long position with 20x cross-leverage, at an average entry price of $77,613.70, with a current unrealized loss of approximately $11,000 and a liquidation price of approximately $72,863.80.
Address builds a 400 BTC long position using TWAP and spot trades
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Summary
A crypto address has established a 400 BTC long position using spot trades and three TWAP executions, with a total notional value of approximately $31.046 million. The strategy involved purchasing 250.65 BTC via spot for $19.493 million and 149.35 BTC through three TWAP rounds totaling $11.553 million. Two TWAP rounds executed 68 BTC and 50 BTC respectively, while the third was terminated early at 31.35 BTC. The position is held with 20x cross leverage, at an average entry price of $77,613.70, with a floating loss of approximately $11,000. This move aligns with key support and resistance levels in the BTC price structure.
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