On-chain silver drops over 5.6% intraday, whale's million-scale short position floating profit expands to $1.98 million

Gate News reports that on March 13, according to Hyperinsight monitoring, U.S. stock futures before the market opened saw silver prices continue to decline. On Hyperliquid, the SILVER (silver mapping contract) dropped below the $82 mark, currently at $81.9, a 24-hour decrease of 5.6%. Driven by this, the platform’s “largest silver short whale” (address 0x007) holding 20x leveraged SILVER short positions saw unrealized profits increase to $1.98 million, with a return rate of 46.5%. Its current position size is approximately $12.15 million, with an average entry price of $95.1, and a liquidation price set at $108.

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