According to Michael Burry Stock Tracker (@burrytracker), Michael Burry has sold all his stock holdings except Estée Lauder, citing the brand's reputation for resilience in recession periods. This move highlights a defensive investment approach, focusing on consumer staples like cosmetics that historically maintain demand during economic downturns (source: @burrytracker, May 16, 2025). For crypto traders, Burry's shift towards safety assets signals rising recession concerns, potentially driving increased interest in 'safe-haven' cryptocurrencies and stablecoins as investors look to diversify away from riskier equities.