Data: "Silver Iron Head Air Force" took profit on silver short positions amounting to 7.8 million USD, with an average closing price of 79.2 USD

According to monitoring by Hyperinsight, during the US stock market, silver recovered from a drop, rising from $77 to above $81. The "Silver Iron Head Air Force" (0x61ce) on Hyperliquid saw a significant reduction in unrealized gains, and then in the early morning, completely closed its 20x leveraged SILVER short position at an average closing price of $79.2, previously around $7.8 million in size, ultimately recording an unrealized gain of about $140,000.

This whale had previously become one of the largest short sellers of silver on-chain with a scale of $35 million. It currently also holds a multi-million dollar BTC long position and an ETH short position.