The 'Silver Iron Head Air Force' Closes Five Crypto Short Positions, Profit of $956,300

The 'Silver Iron Head Air Force' Closes Five Crypto Short Positions

According to HyperInsight monitoring, on January 29, the renowned trader 'Silver Iron Head Air Force' (address 0x61cee) closed short positions on five cryptocurrencies including BTC, ETH, HYPE, PUMP, and FARTCOIN, generating a total profit of $956,300.

Notably, the trader incurred a $4.79 million loss from closing silver short positions yesterday but re-entered the market today with fresh short bets on silver, demonstrating a firm trading strategy.

• Cryptocurrencies involved: BTC, ETH, HYPE, PUMP, and FARTCOIN
• Total profit: $956,300
• Silver shorts performance: $4.79 million loss yesterday, new positions opened today

This move has once again drawn market attention. Analysts suggest this could be a precise capture of short-term market fluctuations, highlighting the trader's strong risk management capabilities.