‘Big Short’ Star Michael Burry Asks for Help with Shorting Crypto

Michael Burry. Source: Video Screenshot/CNBC

Michael Burry, the eccentric hedge fund manager whom the 2015 blockbuster ‘The Big Short’ was based on, is being called out by the crypto community on Twitter today after asking how to short cryptocurrencies.

“Ok, I haven’t done this before, how do you short a cryptocurrency,” Burry started off by writing in a tweet Wednesday night US time, after having shared his rather negative feelings towards crypto in a number of other tweets before.

“Do you have to secure a borrow? Is there a short rebate? Can the position be squeezed and called in? In such volatile situations, I tend to think it’s best not to short, but I’m thinking out loud here,” the former hedge fund manager continued by writing in the tweet.

The tweet from Burry, which was later deleted, was quickly picked up by members of the crypto community, who questioned how it is possible that one of the world’s most famous short sellers has no clue how to short crypto. 

Read More  The Private Sale is Coming to an End. This is Your Last Opportunity!

Among them was the popular crypto trader Cobie, who pointed out that Burry has gone from “manually researching hundreds

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button