[COMEX Silver Inventory Hits Lowest Level Since March Last Year, May Trigger Silver Short Squeeze Battle] BlockBeats news, January 29, according to The Kobeissi Letter, COMEX silver inventory has dropped by 34 million ounces from its peak to 415 million ounces, marking the lowest level since March 2025. The silver short squeeze battle is in full swing. Analysts point out that the decline in silver inventory indicates strong physical demand, as short sellers struggle to find physical silver to fulfill their futures contracts. When these traders cannot find enough physical silver to purchase, they are forced to pay higher prices demanded by sellers. This will further drive up silver prices, forcing more traders to buy in to avoid losses, thereby further tightening market conditions.