「Silver Squeeze Air Force」 takes profit on Silver short position, reaching $7.8 million in profit, with a closing average price of $79.2 per ounce

BlockBeats News, March 17th, according to Hyperinsight monitoring, during the U.S. stock market session, silver recovered from its decline, rising from $77 to above $81. On Hyperliquid, the "Silver Iron Head Air Force" (0x61ce) saw a significant retracement of unrealized gains, then liquidated its 20x leveraged SILVER short position in the early morning, with a liquidation price of $79.2, initially at a scale of about $7.8 million, ultimately realizing an approximate $140,000 profit.

Previously, this whale had become one of the largest on-chain silver bears with a $35 million position. It currently also holds long positions in BTC worth tens of millions and short positions in ETH.