SILVER Short Selling Campaign $9.5 Million: Big Players Return with 20x Leverage

In early February, an analysis report from HyperInsight revealed a significant development in the market: the well-known account with the nickname “Silver Ironhead Short” has re-entered and deployed a massive short position on SILVER. According to BlockBeats, this is a large-scale short contract with 20x leverage, totaling $9.5 million, with an average entry price of $83.73 per unit. Current Financial Situation and Risk Level As of the report, this short position is currently unrealized at a loss of $272,000. Although this figure seems small relative to the total size of the position (about 2.9% of its value), with 20x leverage, any price movement can have a significant impact. These traders closely monitor key price levels, preparing to adjust or close their positions when the market moves beyond their tolerance thresholds. History and Re-entry Strategy The Silver Ironhead Short account is not new to the SILVER market. Previously, it maintained a long-term short stance on this coin but ultimately had to accept a massive loss of $4.79 million when closing the position. This re-entry indicates that major speculators still believe in a bearish outlook for SILVER, despite suffering heavy losses earlier. This reflects a consistent yet risky strategy: after a significant loss, instead of withdrawing, the account re-enters the market with a new short position. This determination could lead to two outcomes: either substantial profits if their prediction is correct, or even greater losses if SILVER’s price continues to rise.