According to The Kobeissi Letter, Michael Burry has liquidated every stock in his portfolio except for a newly opened position in Estee Lauder (EL), as reported on May 15, 2025 (source: @KobeissiLetter). This decisive move signals heightened caution towards the current equity market, which may prompt risk-off sentiment among institutional traders. For the crypto market, Burry's defensive posture could increase demand for non-equity assets like Bitcoin and Ethereum as investors seek alternatives during periods of stock market uncertainty.

According to The Kobeissi Letter, Michael Burry has liquidated all positions in his portfolio except for a new holding in Estee Lauder ($EL). This drastic reduction in stock exposure, reported on May 15, 2025, highlights a defensive stance and raises concerns over broader market volatility. Burry's move may signal heightened risk aversion among institutional investors, which could trigger a rotation of capital from equities to safer assets, including cash and potentially cryptocurrencies as alternative stores of value. Crypto traders should monitor market sentiment closely, as shifts in traditional equity portfolios often precede increased flows into digital assets during uncertain periods. Source: The Kobeissi Letter Twitter