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"Silver Iron Head Short Seller" Opens Short Position in Silver at 6.9 Million Scale Over the Weekend, Pre-market Silver Pullback Has Already Reached 91% Floating Profit
Mars Finance News, March 16 — According to Coinbob’s popular address monitoring, in pre-market trading, Hyperliquid’s short position on Silver (SILVER) was pulled back to $77.1. The “Silver Iron Head Short Army” (0x61ce) has increased its unrealized gains to $310,000 (90%). This short position was opened on the 14th, and currently holds a 20x leveraged SILVER short position, with an average entry price of $80.76, and a position size of $6.9 million, with a liquidation price of $136. This whale previously became one of the largest on-chain silver shorts with a position of $35 million. During the sharp rise in silver prices in January, it was forced to close the position and still holds an equivalent size long position in BTC.