The short position on the money is growing: $9.5 million at stake with 20x leverage

MidnightTrader · 2026-02-14T07:08:55+00:00

In the silver market, the account 'Silver Ironhead Short' has reopened a significant short position with 20x leverage, with a stake of $9.5 million. Despite an current loss, the trader remains confident in a price decline, demonstrating persistence despite past losses.

MidnightTrader

2026-02-14 07:08:55

Abstract generation in progress

Chain surveillance data reveal a notable return of a bearish strategy in the silver market. The account nicknamed ‘Silver Ironhead Short’ (0x61cee) has reopened a major short position, indicating a strong conviction that the price of the metal will decline.

A determined trader maintains their bearish stance

According to information published by HyperInsight on February 3 and relayed by BlockBeats, this trading account has deployed a significant position on xyz:SILVER with a 20x leverage. The financial stake of this position amounts to $9.5 million, with an average entry point set at $83.73 per unit. This level of leverage demonstrates the trader’s high confidence in a downward price movement.

Details of this short position

As of the report date, the position showed an unrealized loss of $272,000, reflecting temporarily unfavorable market movements for the trader. Nevertheless, this operator persists in their bearish strategy on silver, demonstrating consistent confidence in their investment thesis.

A history of heavy losses

The account’s history shows that this short position is not an initial attempt at a bearish move. Previously, Silver Ironhead Short held a similar position for an extended period, which ultimately resulted in a realized loss of $4.79 million. Despite this past setback, the trader chose to re-engage a similar position, indicating a remarkable persistence in their conviction that this market will decline.

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