The 'Silver Iron Air Force' Closes $12.04 Million BTC Long Position, Gains $16,500

According to HyperInsight monitoring, on January 28 at 15:52, the trader known as 'Silver Iron Air Force' closed a BTC long position worth $12.04 million, realizing a profit of $16,500.

This move has drawn market attention, especially amid recent heightened volatility in cryptocurrency prices. The closure of the BTC long position indicates the trader's cautious stance towards the current market trend.

On the same day, the trader faced losses in silver market operations. Closing a silver short position resulted in a $4.79 million loss, highlighting the risks involved in cross-market trading.

Here are the trader's key actions on that day:

• Close BTC long: $12.04 million, profit of $16,500
• Close silver short: $4.79 million loss