[Founder of Formula Discloses Holding $3.5 Million in SLV ETF and Shorting XAG for Hedging] Foresight News reports that Vida, the founder of Formula News, disclosed his current holdings on his personal channel. He stated that he still holds $3.5 million in silver SLV ETF and has also shorted approximately $1.16 million in XAG on Binance Futures for hedging.