PANews reported on February 4th that, according to CoinDesk, Michael Burry, the real-life inspiration for the character in "The Big Short" (and an investor who PANews reported on February 4th that, according to CoinDesk, Michael Burry, the real-life inspiration for the character in "The Big Short" (and an investor who

The real-life inspiration for the protagonist of "The Big Short": Bitcoin crash may trigger a $1 billion gold and silver sell-off.

2026/02/04 08:22
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PANews reported on February 4th that, according to CoinDesk, Michael Burry, the real-life inspiration for the character in "The Big Short" (and an investor who successfully predicted the 2008 financial crisis), warned that the recent drop in Bitcoin could have a ripple effect across the entire market, especially the gold and silver markets. The Bitcoin crash could force institutional investors and corporate finance executives to sell up to $1 billion worth of gold and silver to offset losses from cryptocurrencies.

Michael Burry believes that Bitcoin's drop below $73,000 exposed its fragile foundation. He argues that a price decline to $50,000 would threaten companies holding large amounts of Bitcoin and could even lead to the bankruptcy of some mining companies. Burry maintains that Bitcoin has failed as a digital safe-haven asset or a substitute for gold, and that the recent ETF-driven rally is merely speculative rather than a reflection of its sustainable real-world applications.

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, [email protected]으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

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