SILVER MASSACRE IN CHINA! 🚨

SHFE saw a brutal 20% intraday dump in Silver, triggering massive margin calls due to insane leverage. Long positions were liquidated.

Why the bloodbath?

• MIIT confirms crackdown on solar capacity, cutting a huge industrial demand source for Silver.

• Legendary trader Bian Ximing is reportedly holding a giant short position on $XAG, potentially netting $300M profit.

$BTC felt the spillover, dropping nearly 15% near 59K. Wall Street suggests Silver holders sold $BTC to cover margin calls. $XAU barely budged, proving the divergence between true safe havens and speculative assets.

#SilverCrash #XAG #CryptoContagion #MarginCall 📉

XAGUSDT

Perp

85.52

+4.47%