SPCX whale sets $9.998 million TWAP buy order before market open

A whale wallet beginning with 0x519c placed a large TWAP (time-weighted average price) buy order for SPCX in pre-market trading, aiming to accumulate 74,500 tokens over 150 minutes with a notional value of about $9.998 million at current prices. TradingBeats, formerly Hyperinsight, said 4,420.1 SPCX had been filled as of publication, worth about $593,000 at an average execution price of $134.26, putting the order about 5.9% complete. Including the filled portion, the wallet is already 10x fully leveraged long roughly 21,600 SPCX, with the position valued at about $2.9 million, an average entry price of $120.28, and unrealized profit near $301,000. If the rest of the TWAP is executed in full, the buys would finish just before the market opens and lift the whale's SPCX long position to about 91,700 tokens, valued at roughly $12.305 million at current prices.

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