Silver prices plummet, giant whale bears gain $1.37 million

On March 3rd, silver prices fell 6% during the day, with a pullback of over 11.5% from yesterday's high of $97.5. A giant whale address 0x007, which sold blank silver at an average price of $95.1 two days ago, has seen a floating profit increase to $1.37 million, with a yield of 38%. The giant whale currently holds a 20 times leveraged SILVER short position with a holding size of $12.7 million, making it the largest short position in silver on the chain.