Trader Suffers Over $2 Million Loss on Silver Short, Liquidation Price at $112.79

According to HyperInsight on January 23, a trader (address: 0x61cee) shorted 226,100 units of a silver-pegged asset with 20x leverage. The position was opened at an average price of $89.72, and currently shows a floating loss of $2.026 million, with a liquidation level set at $112.79.