An on-chain address, 0xb37...a66ca, is using a TWAP (time-weighted average price) strategy to build a 20x leveraged long position in XYZ100, tied to the Nasdaq 100 Index. On-chain analyst Ai Yi said the wallet has accumulated 1,006.8 XYZ100 so far, with about $32 million of the trade already filled, equivalent to 1,065 shares, at an entry price of $29,778, while the rest of the order continues to execute gradually.