ChainCatcher report, according to Hyperinsight monitoring, pre-market silver prices in the U.S. continued to decline, with SILVER (silver mapped contract) on Hyperliquid falling below the $82 mark, currently trading at $81.9, a 5.6% drop over the past 24 hours. Driven by this movement, the floating profit of the platform’s “largest silver short” whale (0x007), holding a 20x leveraged SILVER short position, has further increased to $1.98 million, with a return rate of 46.5%. Their current position size is approximately $12.15 million, with an average entry price of $95.1 and a liquidation price set at $108.
Silver price drops 5.6% on chain; top short holder's profits rise to $1.98M
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Summary
Silver price drops 5.6% on-chain, with the SILVER contract on Hyperliquid falling to $81.9. On-chain data shows the largest short position, held by whale 0x007, now has $1.98M in floating profits. The position is valued at $12.15M, with an average entry price of $95.1 and a liquidation price of $108. Altcoins to watch may include silver, as on-chain activity highlights growing short-side momentum.
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