Data: "Silver Iron Head Short Seller" takes profit on silver short position reaching $7.8 million, average closing price at $79.2 per ounce

ZkProver · 2026-03-17T04:46:30+00:00

US silver prices rebounded from $77 to above $81, and a whale closed out a 20x leveraged silver short position at dawn, ultimately realizing a floating profit of approximately $140,000. This whale was previously one of the largest on-chain silver short holders with a position size of $35 million, and currently holds a certain scale of BTC long positions and ETH short positions.

ZkProver

2026-03-17 04:46:30

Abstract generation in progress

ChainCatcher reports that according to Hyperinsight monitoring, U.S. stocks’ midday silver recovered from its decline, rising from $77 to above $81. Hyperliquid’s “Silver Iron Head Short Army” (0x61ce) saw significant unrealized gains retreat, then in the early morning fully closed its 20x leveraged SILVER short position at an average price of $79.2. The position previously had a size of about $7.8 million, with an unrealized profit of approximately $140,000.

This whale previously became one of the largest on-chain silver shorts with a position of $35 million. It also currently holds long positions in BTC worth tens of millions and short positions in ETH.

BTC1.22%

ETH3.55%

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