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ETH Sees $47.1 Million TWAP Buy Pressure, Two Whales Still Accumulating
  • ETH0%
  • BTC0%

BlockBeats News, August 12th, according to TradingBeats (formerly Hyperinsight) monitoring, this morning two whales simultaneously initiated an ETH contract TWAP buy order, intending to collectively purchase 25,000 ETH, equivalent to $47.158 million.

As of press time, the two orders have been partially filled for about 10,100 ETH, $19.025 million, completing 40.4% overall; there are still 14,900 ETH, around $28.117 million, being actively executed.

Among them, 0x66f plans to buy 18,000 ETH, currently 43.6% filled; 0x1ee7 plans to buy 7,000 ETH, currently 32% filled.

The monitoring data shows that both whales have shifted to ETH after closing their previous short positions. 0x1ee7 closed a 5,000 ETH short position this morning, moving from short to long; 0x66f has liquidated a previous $19.69 million SKHX short position and is now holding long positions in BTC and ETH.

Source: BlockBeats

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