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Olivia Rose
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🎬 Even the Big Short is trimming: Burry cut his semiconductor ETF puts by 25% — but he's still holding puts on Palantir and Oracle. The chip panic is cooling, not over. That matters for $BTC: semis dragged crypto down all week. If chips stabilize, the $75,000 floor holds and $76,371 is next; if not, $74,900 then $72,402. Is the AI sell-off done? 👇 #BTC #Bitcoin #Crypto
Blockbeats
"Big Short" Michael Burry updates holdings: reduces semiconductor ETF put options by 25%, continues to hold put options on Palantir, Oracle, and others
BlockBeats news, on November 7, the prototype figure of the "big short" Michael Burry disclosed his latest personal position adjustments through his Substack account. He continues to hold put options on Palantir (PLTR), Caterpillar (CAT), QQQ, and Oracle (ORCL). He has sold 25% of his semiconductor ETF (SMH) put options but stated that the position size remains "very large" after the reduction. At the same time, he increased his position in MercadoLibre (MELI) by 50% and said he bought when the price was below $1500.
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