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"The Silver Squeeze Squadron" intensively reshuffles SILVER short positions to increase the average price, with the current unrealized loss expanding to $4.4 million
BlockBeats News, January 27th, according to Coinbob Popular Address Monitor data, the "Silver Iron Head Air Force" whale address (0x61c...) today conducted intensive position adjustments on its 20x leveraged xyz:SILVER (Silver mapping contract) short position. It first closed 20% of its position at around $105, and then added to the position around $112 to "average down."
Currently, the address's 20x leveraged SILVER short position has a total size of $35.3 million, and the average entry price has risen from yesterday's $93.1 to $97.4. The current unrealized loss is about $4.2 million, with a loss of 47%, and the liquidation price is $135. Recently, the address has deposited approximately $6.6 million into Hyperliquid, mainly to dilute the cost basis of the position, with accumulated additional positions exceeding $15 million.
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