Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has confirmed that he has not been shorting cryptocurrencies, including bitcoin, despite speculations that he may have. His confirmation came after he recently asked how to short crypto.
Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, confirmed to CNBC Friday that he has not been shorting bitcoin or other cryptocurrencies.
Burry is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in “The Big Short,” a book by Michael Lewis about the mortgage crisis, which was made into a movie starring Christian Bale.
He told CNBC Friday:
Many people in the crypto community believed that Burry shorted bitcoin when the price of the cryptocurrency was $30K after he posted a BTC price chart suggesting that it would be a good time to short. Burry never confirmed or denied whether he shorted bitcoin until now.
The crypto community became even more convinced that Burry was shorting bitcoin or was considering doing so when he tweeted Wednesday:
When Burry tweeted asking about shorting cryptocurrencies Wednesday, the price of bitcoin was around $58K. It then shot up past $62K. At the time of writing, the price of BTC is $61,011 based on data from Bitcoin.com Markets.
Bitcoin’s price chart. Source: Bitcoin.com Markets
Comments flooded Twitter in response to his tweet about shorting cryptocurrencies with many people mocking his knowledge of crypto. Burry deleted the tweet about five minutes after posting it. While the Big Short investor routinely deleted his tweets, it was not usually minutes after posting them. He then deleted his entire Twitter account Friday, causing some people to suspect that he quit Twitter because of the responses he got from his crypto tweet.
Trader Scott Melker, aka “The Wolf of All Streets,” commented: “Let me get this right. Michael Burry of ‘Big Short’ fame asked how to short bitcoin, was destroyed by crypto Twitter and then rage quit Twitter entirely because he couldn’t deal with the responses?”
Burry also recently criticized the shiba inu (SHIB) token after the price of the coin soared 230%.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
暂时没有评论，赶紧抢沙发吧！