A BTC long position valued at $31.035 million, with one address initiating TWAP three times to build a cumulative position of 400 BTC

According to Odaily, since 05:42 today, a certain address has been continuously building a long BTC position, purchasing a total of 400 BTC through regular trades and three rounds of TWAP, with a transaction volume of approximately $31.046 million. Specifically, the address bought 250.65 BTC through regular trades, amounting to roughly $19.493 million; the three rounds of TWAP executed a combined 149.35 BTC, with a transaction value of about $11.553 million. Two of the TWAP rounds completed purchases of 68 BTC and 50 BTC respectively, while another round, initially 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 $77,613.7, with an unrealized loss of approximately $11,000 and a liquidation price of around $72,863.8.