A trader's short position in silver has an unrealized loss of over $2 million, with a liquidation price of $112.79.

Mars Finance reports that on January 23, according to HyperInsight monitoring, a trader (0x61cee) shorted 226,100 xyz:SILVER (pegged to silver prices) with 20x leverage, with an entry average price of $89.72, currently at a floating loss of $2,026,000, with a liquidation price of $112.79.

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