ETH Sees $47.1 Million TWAP Buy Pressure, Two Whales Still Accumulating

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.