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@Pojomato

⚠️⚠️ BREAKING: $560,000,000,000 has been wiped out from the silver market cap in just 1 hour and 30 minutes.

The claim that $560,000,000,000 (560 billion) was "wiped out from the silver market cap in just 1 hour and 30 minutes" is false and appears to be misinformation or exaggeration, likely originating from sensational social media posts or confusion with other markets.

Silver's total above-ground market capitalization is currently estimated at around $5.8–6.15 trillion (based on mined reserves multiplied by spot price, per sources like companiesmarketcap.com and recent reports). A $560 billion drop would represent roughly 9–10% of the entire market cap, which would require an enormous price crash (e.g., silver falling ~10% if supply estimates hold steady).

Recent silver price action shows volatility, but nothing matching this scale in such a short window:

● Silver experienced sharp corrections, such as an 11% drop in a single day (around December 29, 2025), after hitting highs near $83–84/oz, due to profit-taking, margin hikes by CME, and thin holiday liquidity. This was one of the biggest intraday declines in years, but far from $560 billion erased in 90 minutes.

● In other periods (e.g., late January 2026), silver traded in ranges like $93–$113/oz with pullbacks, but no reports of a sudden $560B market cap wipeout.

● Some reports mention smaller leveraged position liquidations in silver futures (e.g., $4 billion in longs vaporized in an hour during one squeeze event), or confusion with crypto market crashes (e.g., $560B wiped from overall crypto cap in 24 hours during a 2025 tariff scare, or Bitcoin/silver rotation stories).

No credible financial news, market data sites (Kitco, BullionVault, Investing.com), or precious metals reports confirm a $560 billion silver-specific market cap loss in 1.5 hours. Silver's price is volatile due to industrial demand, investment flows (especially from China), and speculation, but events of this magnitude would dominate headlines and exchange data if real.

This claim resembles hype from precious metals enthusiasts or confusion with unrelated events (like crypto liquidations or silver margin squeezes). Always verify such dramatic "breaking" claims against live spot prices and total market cap estimates from reliable sources. Silver remains in a strong long-term uptrend overall (up massively in 2025), but no evidence supports this specific wipeout figure or timeframe.