Lookonchain
A newly created wallet deposited 8.43M USDC and placed a TWAP order to build a 20x long targeting 500,000 SOL, valued at $22.78M. So far, 199,838 SOL, worth $15.2M, has been filled.
Why it matters
The trade is a sizeable leveraged bet on SOL, with TWAP execution spreading entries rather than taking the full target at once. The newly created wallet and 8.43M USDC deposit make the flow notable, but the order itself does not show whether the position will be profitable.
Market impact
At 20x leverage, relatively small SOL price moves can materially affect margin and liquidation risk. The next concrete signal is whether the remaining 300,162 SOL is filled and how the wallet manages the position.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0x9c6a5b4662c722d2c47f43d6c9813cb080ffa4ed#perps)
Frequently asked questions
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How much of the planned SOL position has been filled?
The TWAP has filled 199,838 SOL, valued at $15.2M, against a 500,000 SOL target.
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How much USDC did the new wallet deposit?
The wallet deposited 8.43M USDC before placing the TWAP order.
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What does the TWAP execution change about the trade?
TWAP execution spreads entries rather than taking the full target position at once.
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Why does 20x leverage raise the position's risk?
At 20x, relatively small SOL price moves can materially affect margin and liquidation risk.
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What is the next signal to watch in the whale trade?
The key signals are whether the remaining 300,162 SOL fills and how the wallet manages the position.
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