Silver Prices Surge to Two-Month High

Silver prices have seen a significant rise, reaching a high of $87, according to BlockBeats On-chain Detection. Hyperliquid reports the SILVER contract at $85.8, marking a 7% increase over 24 hours, the highest in nearly two months. Among the large-scale investors who have recently entered the market, only one bearish investor remains, holding a position worth $1.72 million with a liquidation price of $88.26, just 2.5% above the current price. If silver continues to rise above $88, this investor could be the first to face liquidation in this upward trend. The most profitable address in this surge, 0x9e8, leveraged a 20x long position during the main upward wave last night, with a scale of $5.17 million at an average price of $81.2. This position has already yielded an unrealized profit of approximately $270,000, more than doubling the initial investment.