Gate News reports that on March 10, according to Hyperinsight monitoring, the price of SILVER on Hyperliquid has increased by 5.2% over the past 24 hours, currently trading at $88.17.
The largest silver whale (address 0x63c), who bought at the peak on February 28, has been repeatedly averaging down over the past week. Today, they finally turned a profit, with unrealized gains of $470,000 (13.5%), and a daily profit of approximately $500,000.
Currently, this address holds a 3x leveraged long position in SILVER, with a position size of $8.3 million, an average entry price of $83.16, making it the largest on-chain silver long position. Additionally, the address also holds a 3x leveraged long position in GOLD, with a size of $3 million and an average entry price of $5,093.