🇨🇳 Shanghai Silver Update 🇨🇳 — $XAG
🔥 1.4 million oz withdrawn from SGE silver vaults on Tuesday!
📉 SGE total silver inventory drops to 14,482,303 oz (≈450,450 kg).
📈 SHFE adds 4,822 kg of silver, temporarily slowing its vault depletion.
🔥 Silver is $5 higher on SHFE compared to SGE!
💥 Could this be due to Bian’s 450-ton short getting squeezed by the CCP’s liquidation-only order?
Chart credit: @oriental_ghost
