Added 100,000 units to the short position… Cumulative account profit and loss stands at a $156 million surplus

A trading address increased its short position on silver (SILVER) by 100,000 units to 435,000 units, adding roughly $5.02 million in notional value, according to Odaily's monitoring at 9:55 p.m. on the 2nd. The new units were executed at an average price of approximately $50.1548 per unit, bringing the address's total silver short position to an estimated $21.82 million in value. The address's contract account shows a cumulative profit of about $156 million, though this reflects the account's overall track record rather than the performance of the silver short itself. The move signals continued bearish conviction on silver among large derivatives traders, and market watchers will be monitoring whether this address adds further to its short or begins closing positions.