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Silver Iron Head Air Force opens a $6.9 million short position on silver over the weekend, with pre-market silver dropping by 91%

Summary: According to Coinbob, popular address monitoring on Hyperliquid shows that pre-market silver (SILVER) dropped to $77.1 on the US stock market. The Silver Iron Head Air Force (0x61ce) saw its floating profit increase to $310,000 (90%). The short position was opened on the 14th, currently holding a 20x leveraged SILVER short position with an average ...

According to Coinbob, popular address monitoring on Hyperliquid shows that pre-market silver (SILVER) dropped to $77.1 on the US stock market. The Silver Iron Head Air Force (0x61ce) saw its floating profit increase to $310,000 (90%).

The short position was opened on the 14th, currently holding a 20x leveraged SILVER short position with an average price of $80.76, a position size of $6.9 million, and a liquidation price of $136.

The whale previously became one of the largest silver shorts on-chain with a $35 million position. Forced to close during a significant silver increase in January, they currently hold an equal size BTC long position.

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