In early February, large short positions related to Silver (SILVER) in the cryptocurrency market once again attracted attention. According to tracking by HyperInsight and BlockBeats, an investor known as "Silver Ironhead Short" (Wallet Address: 0x61cee) has taken a 20x leveraged short position with a $9.5 million scale against xyz:SILVER. The average entry price is $83.73 per unit, and the current unrealized loss has reached approximately $272,000.

This wallet has consistently maintained a bearish stance on the Silver market and previously recorded a loss of $4.79 million when closing a long-term short position in the same market. This move suggests that the investor is actively rebuilding a position based on the expectation of further declines in Silver prices, drawing significant attention from market participants.