SILVER MASSACRE HITS CHINA! đš
SHFE saw a brutal 20% intraday dump on Silver, closing down -10%. Massive margin calls triggered across the board due to insane leverage.
Why the bloodbath?
âą China's MIIT is cracking down on solar panel overcapacity, slashing industrial demand for Silver.
âą Legendary trader Bian Ximing is reportedly holding a gigantic short position on $XAG, sitting on $300M unrealized profit.
$BTC plunged nearly -15% towards 59K. Wall Street suggests Silver holders dumped $BTC to cover margin calls. $XAU barely moved 1%, proving the real safe haven status.
#SilverSqueeze #XAG #MarginCall #CryptoCrash đ

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