Silver Bear, known as "Silver Ironhead," has re-entered the market with a significant short position on silver, valued at $3.2 million. Utilizing a 20x leverage, the position was established at an average entry price of $116.76. Despite a current floating loss of $11,000, the address remains committed to its bearish stance on silver. This move follows the closure of a previous multi-day short position, which resulted in a realized loss of $4.79 million.