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Spot Silver Falls Over 6% Intraday as Whales Rally $7.5M Long on Hyperliquid

GateNews
XAGUSD-0.51%
LONG-2.39%

According to BlockBeats citing Hyperinsight on-chain monitoring, spot silver fell over 6% intraday on May 15, with Hyperliquid SILVER futures down 10% to $78.6 in 24 hours and trading volume surging to $340 million.

Three on-chain whales opened million-dollar long positions within the past hour, collectively deploying $7.5 million. The largest whale (0xc26) established a 60,185 SILVER long position with 5x leverage worth approximately $4.72 million at an average price of $78.34, currently up $8,700.

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