0x49e this position is a 3x leverage short to $78, with the liquidation price above $77, almost zero pressure, textbook timing.

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CoinNetwork
Silver dropped 6%, breaking through the position defense line of bullish whales’ holdings; a smart money short position profit reached $2.16 million.
CoinWorld reported that the silver contract is currently priced at $56.78, down 6.34% in 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Gold prices fell below $4,000, and safe-haven funds flowed back into chip stocks, resulting in significant profits for short sellers. The smart money address 0x49e has been shorting since April 29 at a high of $78.79, with 3x leverage and a position of $5.77 million, already realizing a profit of $2.16 million (81%). Whales are generally bearish, with short positions approximately 1.5 times long positions. The average short price is $65.05, which is 12.7% below the current price; the average long price is $59.75, about 5% above the current price. Short sellers have sufficient margin of safety, with the latest liquidation line at $77.18, approximately 36% above the current price, meaning shorts face almost no liquidation pressure.
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