"Silver Ironhead Air Force" continues to add positions to average down SILVER short positions, with the position size rising to $35 million.

BlockBeats News, January 26 — According to Coinbob’s popular address monitoring, over the past 7 hours, the “Silver Iron Head Short Army” whale address (0x61c…) has added to its position in xyz:SILVER (Silver Mapping Contract) short positions with 20x leverage. After this addition, the total short position of this address has reached $35.5 million, with an average entry price of approximately $93.17, and an unrealized loss of about $5.1 million (85%), with a liquidation price of $125.

The address has recently deposited approximately $6.6 million into Hyperliquid, mainly to dilute the cost of its xyz:SILVER short positions. In recent days, it has accumulated over $15 million in additional positions, making it one of the largest on-chain silver shorts.