Silver Ironhead short seller opens nearly $20 million ETH short positions with a plan to add more
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On April 1, Hyperinsight monitoring showed that the prominent short-selling whale "Silver Iron Head" opened a 20x leveraged ETH short position at an average price of $2,136, with a position size of 9,353 ETH, equivalent to approximately $19.92 million, and an unrealized profit of $60,000. At the same time, this address preset sell orders in the $2,180 to $2,300 range, planning to add another short position totaling approximately $20 million in batches if ETH price reaches that range. The combined potential short position across both rounds is close to $40 million.
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