Vida’s disclosed positions show a paired strategy with a $3.5 million SLV ETF stake and a $1.16 million short in silver futures via Binance for risk management.
Formula News founder Vida reported a $3.5 million investment in the SLV ETF, which mirrors silver’s spot price, alongside a $1.16 million short position in XAG contracts on Binance futures. This dual positioning reflects a hedging approach aimed at offsetting potential losses by balancing long ETF exposure with short futures trades.