On-chain Silver Plunges Over 5.6% in a Day, 'Silver's Biggest Bear' Million-Dollar Short Position Widens to $1.9M Gain

BlockBeats News, March 13, according to Hyperinsight monitoring, the pre-market silver price in the U.S. stock market continued to fall. On Hyperliquid, SILVER (Silver Mapping Contract) fell below the $82 mark, currently trading at $81.9, with a 24-hour drop of 5.6%.

Driven by this, the platform's "Silver Largest Short" whale (0x007) saw its 20x leveraged SILVER short position's unrealized profit further expand to $1.98 million, with a return rate of 46.5%. Its current position size is approximately $12.15 million, with an average position price of $95.1 and a liquidation price set at $108.