'Big Short' Investor Michael Burry Exits GameStop After eBay Bid

BTC

BTC/USDT

$77,423.11

+7.67%

$77,423.11

+7.67%

(24s)

24h Volume

$48,320,786,039.41

24h H/L

$79,500.00 / $71,132.00

Change: $8,368.00 (11.76%)

Long/Short

51.5%

Long: 51.5%Short: 48.5%

Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

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▲ 6.44%

Volume (24h): -

Resistance Levels

Resistance 3$88,643.57

Resistance 2$82,048.13

Resistance 1$78,313.77

Price$77,730.00

Support 1$76,859.07

Support 2$75,605.73

Support 3$72,760.72

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):85.5

Decrypt Editorial

(05:04 PM UTC)

1 min read

Michael Burry sold his entire GameStop position Monday after the company’s $55.5B eBay bid.
He flagged debt levels incompatible with his "Instant Berkshire" thesis from January.
The exit implies GME's long-running status as a speculative bet, Decrypt was told.

Michael Burry sold his entire GameStop position Monday following the company's $55.5 billion eBay bid, which he said would…