Investor Michael Burry warned of a possible 'death spiral' after tokenized silver futures posted one of the sharpest losses in crypto, with liquidations overtaking usual leaders Bitcoin and Ether. The move highlights growing volatility in tokenized commodity markets and contagion risk for crypto portfolios.
Michael Burry admitted "How Wrong I’ve Been" and pushed back at journalists and commentators, including Bloomberg, who cite his early‑2021 bearish calls on Bitcoin to dismiss his current warnings.
Michael Burry reiterated that Bitcoin's rally toward six-figure prices is a speculative bubble disconnected from measurable fundamentals, reviving debate over crypto valuation.
Reports show Michael Burry has taken a bearish position against HYPE amid surging online interest in AI tokens. Heavy short exposure and spiking social volume point to a possible market inflection.