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

BTC

BTC/USDT

$84,876.00

+1.71%

$84,876.00

+1.71%

(24s)

24h Volume

$19,789,593,358.22

24h H/L

$85,255.00 / $83,346.66

Change: $1,908.34 (2.29%)

Long/Short

56.1%

Long: 56.1%Short: 43.9%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,562.97

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,562.97

Support 1$84,364.01

Support 2$81,128.61

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):65.8

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…