A blockchain address is executing a TWAP (time-weighted average price trading method) order to accumulate 500,000 SOL valued at $38 million, based on monitoring by on-chain analyst Yu Jin. So far, 186,000 SOL have been bought for $14.16 million, with the purchases averaging $76 per token. The activity points to a large buyer using a staggered execution strategy designed to spread orders over time rather than enter the full position at once.