Spot Silver Plunges 15% Intraday, Crypto KOL CBB Establishes $16.6M Long Position to Buy the Dip in Silver

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**February 6th Market Brief** Per data from Coinbob Popular Address Monitor, spot silver posted a 15% intraday drop, hitting a low of $66. In this market shift, crypto influencer CBB (X handle: @Cbb0fe) moved quickly to adjust positions: he closed out all initial xyz:SILVER short positions, flipped to open a 3x leveraged long position on silver, and then added to the position repeatedly. As of now, CBB has partially closed roughly $1 million of his long positions. Key metrics: - Average entry price: ~$70.9 - Total position size: ~$15.65 million - Unrealized profit: ~$290,000 - Return: ~5% A seasoned trader and on-chain participant with ~100,000 X followers, CBB rose to prominence 25 years ago for publicly executing a hunt on a multi-billion-dollar BTC short whale. He now focuses on high-frequency commodity trading on Hyperliquid, primarily taking short positions.

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