According to Adam Back, a major Bitfinex whale has doubled their time-weighted average price (TWAP) accumulation rate to approximately 600 BTC per day, or $800 per second, as of a few hours ago. This intensified buying activity signals significant bullish accumulation pressure in the Bitcoin (BTC) market, which could impact near-term price volatility and liquidity. Traders should closely monitor whale movements and on-chain data for further signals of institutional accumulation. Source: Adam Back

According to @adam3us, the significant BTC price dip on July 25 was apparently triggered by Galaxy Digital (GLXY) offloading 80,000 BTC using a rushed TWAP strategy. The analysis suggests that purchases at the $117,256 level during this period are plausible. Furthermore, MicroStrategy (MSTR) would require $2.5 billion in credit to have acquired BTC before the STRC proceeds due on July 29, or to hedge against price movements in a reactive manner. This large-scale selling event and related credit requirements highlight potential volatility and liquidity risks for BTC traders and institutions in the current market, underscoring the importance of monitoring large entity activity and major credit events for trading decisions (source: @adam3us).

According to @EmberCN on Twitter, trader @AguilaTrades has significantly increased his long position in Bitcoin (BTC), planning to scale up from a $200 million long to a total of $262 million using a TWAP (Time-Weighted Average Price) order. The order, initiated at 18:00, will accumulate 606 additional BTC over 8 hours, bringing the total position to 2,500 BTC by 2:00 AM. This incremental and disciplined approach to building a large long position could exert upward pressure on BTC prices in the short term, and traders should monitor for increased volatility and potential follow-on momentum in the crypto market. Source: @EmberCN on Twitter, June 15, 2025.

According to @EmberCN, prominent trader @AguilaTrades has capitulated on his high-leverage 20x long position in Bitcoin (BTC), incurring a realized loss of $11.72 million. Starting from 4:30 AM, he began offloading his position, reducing it to $121 million, with the remainder being liquidated using a TWAP (Time-Weighted Average Price) strategy. This large-scale unwind signals potential short-term downward pressure on BTC prices and could trigger volatility in the broader cryptocurrency market as traders respond to the liquidation. Source: Twitter/@EmberCN.

According to AguilaTrades, their 1000 BTC TWAP strategy sell-off set in the morning has just been fully executed, reducing their BTC long position from 3956 BTC to 2956 BTC. The position value dropped from $434 million to $318 million, with a current unrealized loss of $3.96 million. The current open position is a 20x leveraged long on 2956 BTC, valued at $318 million, with an entry price of $108638 and a liquidation price of $100755. This significant deleveraging could influence BTC price volatility and market sentiment in the near term (Source: AguilaTrades).

According to @EmberCN, Bitcoin (BTC) retraced to the cost basis of AguilaTrades' $434 million long position, prompting the trader to start reducing exposure. At 6 AM, AguilaTrades initiated a TWAP (Time-Weighted Average Price) strategy to exit 1,000 BTC, with 155 BTC already closed out. His current exposure remains at 3,804 BTC on 20x leverage, valued at $413 million. This reduction in large leveraged positions could signal increased short-term volatility and impact BTC price momentum. Cited from @EmberCN on Twitter.

According to EmberCN, a trader known as 'Hyperliquid 50x 老哥' has started closing BTC short positions using a TWAP (Time Weighted Average Price) strategy, having closed 108 BTC in the last one and a half hours. The trader still holds 5500 BTC in short positions, valued at $455 million.