The "Silver Ironhead Bears" continue to increase their short positions in SILVER, with holdings now reaching $35 million.
BlockBeats News, January 26, according to Coinbob Hot Address Monitor, in the past 7 hours, the "Silver Ironhead Short Army" whale address (0x61c…) has once again increased its position in the 20x leveraged xyz:SILVER (Silver Mapping Contract) short order. After this addition, the total short position of this address has reached $35.5 million, with an average entry price of approximately $93.17. The current unrealized loss is about $5.1 million (85%), and the liquidation price is $125.
In recent days, this address has successively deposited about $6.6 million into Hyperliquid, mainly to dilute the holding cost of its xyz:SILVER short position. Over the past few days, it has accumulated more than $15 million in additional shorts, making it one of the largest on-chain silver short positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Chip Expansion Continues, Applied Materials (AMAT.US) Q1 Revenue Guidance Exceeds Expectations
Applied Materials reported Q4 revenue of $10.41 billion, surpassing expectations and setting a record for the full year. Its Q1 guidance also exceeded forecasts, driven by strong demand for AI chips, and the stock rose about 3% after hours.
Saba Capital Management reports acquisition of $755,308.44 in Mexico Fund common shares
Juniper Investment Reports Acquisition of $5.11 Million in Orthofix Medical Common Shares
The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.
Data released by the U.S. Treasury Department on Thursday showed that, due to increased government spending and decreased tax revenue, the U.S. fiscal deficit reached $404 billions in October, expanding by 42% compared to the same period last year.
Crypto prices
More
