According to Michael Burry Stock Tracker (@burrytracker), Estée Lauder (EL) jumped 8% following the news of Leonard Lauder's death at age 92. Notably, 133,000 insider shares were purchased in February, indicating strong internal confidence. Options call volume surged over 70% today, reflecting heightened bullish sentiment among traders. Last quarter, Michael Burry significantly increased his stake in EL while liquidating most other holdings, highlighting a concentrated bet on the stock. These factors suggest potential volatility and increased trading opportunities, with the stock’s momentum likely to influence sentiment in equities and related sectors, potentially spilling over into consumer-focused crypto tokens. Source: @burrytracker on Twitter, June 16, 2025.