Silver Bear "Silver Ironhead" Cuts Losses, Closes Short Position with $4.79M Loss, Enters ETH Long Position

KuCoinFlash

Release Time: 01/28/2026 04:30:40

ETH

$2,192.01-5.74%

Summary

Silver Bear "Silver Ironhead" adjusted its position trading strategy on January 28, closing a silver short position 12 hours earlier with a $4.79 million loss. At 12:06 PM, the address opened a long position of 2,995 ETH at $3,004.87 with 20x leverage, showing a small floating loss. This move reflects a shift in position sizing, with ETH now taking center stage following a major liquidation.

BlockBeats News, January 28, according to... HyperInsight Monitoring: "Silver Ironhead Airforce" (0x61cee) entered a long position of 2,995 ETH at 12:06 with 20x leverage, establishing an average entry price of $3,004.87. Currently, there is a slight floating loss.

This address previously firmly held a long silver position, which was closed 12 hours ago, resulting in a final loss of $4.79 million.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.