Silver short-selling strategy reaches $9.5 million in scale, re-entering the market with 20x leverage

DYORMaster · 2026-02-13T22:14:10+00:00

A significant short position in the silver market has been reconstructed by the short seller "Silver Iron Head Short" (address: 0x61cee), with an average entry price of $83.73 and a total size of $9.5 million, despite previous losses of $4.79 million.

DYORMaster

2026-02-13 22:14:10

Abstract generation in progress

According to reports from the blockchain analysis platform HyperInsight and the virtual asset news site BlockBeats, it has been revealed that the well-known silver market short seller “Silver Iron Head Short” (address: 0x61cee) has reconstructed a large short position. The newly established position by this address includes a 20x leveraged short contract against xyz:SILVER, with an average entry price of $83.73 per unit.

Details of the Large USD-denominated Position

The current position size has reached $9.5 million, with an unrealized loss of $272,000. This position size represents a significant market impact in terms of volume and has attracted attention within the overall silver market. The detailed data on the position construction indicates that this short seller holds an extremely bullish outlook on the silver market.

Changes in Position Strategy Based on Past Losses

Notably, the same address previously held a long-term short position in silver, incurring a total loss of $4.79 million. Despite this past loss, the decision to rebuild a large position now suggests changes in market conditions and a new outlook on the silver market. The trader’s willingness to re-enter a sizable position based on past losses demonstrates the strength of their market perspective.

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