todayonchain.com

On-Chain ‘James Bond’ Nets $2 Million Shorting Silver as Jane Street Fuels Volatility Debate

BeInCrypto
An anonymous trader nicknamed 'James Bond' profited $2.04 million by shorting silver just before a major price collapse.

Summary

An anonymous on-chain trader known as "0x007" earned $2.04 million by successfully shorting silver near its peak, just two days before a significant selloff rocked precious metals markets. This event coincided with increased scrutiny on the trading firm Jane Street, which recently became the largest holder of the iShares Silver Trust (SLV) ETF, acquiring 20.6 million shares in Q4 2025, valued at about $1.6 billion. This concentrated position has fueled online debate suggesting Jane Street's holdings and trading activity might be contributing to the recent silver volatility. Jane Street has previously faced regulatory action in India over derivatives manipulation, intensifying concerns about its influence, although the firm maintains it acts solely as a liquidity provider in complex markets where volatility can quickly cause liquidity evaporation.

(Source:BeInCrypto)