「The Big Short」 Michael Burry Makes a Comeback, Releases Column Warning of AI Bubble Risk

2 hours ago

November 25th. According to The Wall Street Journal, following rumors of fund liquidation and the "exaggeration by the media of the short AI amount by a hundredfold," Michael Burry, the prototype of the movie "The Big Short" and a renowned investor, fulfilled his commitment on November 24th local time and punctually "returned." He expressed his views on "shorting AI" by publishing his first column titled "The Main Sign of a Bubble: Supply-Side Gluttony." In this article, he officially declared war on the current AI frenzy, with the epicenter of the storm being NVIDIA. He directly pointed out that NVIDIA is the Cisco of today. Regarding the recent market belief that "big tech giants are highly profitable, so there is no bubble," Burry made a sharp rebuttal in the article. He cited data from the peak of the 1999 Internet bubble era to indicate that the prosperity at that time was also driven by high-profit companies, not just those websites with little to no revenue. Burry pointed out in the article that the key issue of the current AI frenzy is "disastrous oversupply and far inadequate demand." and concluded: No matter how many people try to prove that this time is different, the history of 1999 is repeating itself.

Add to Favorites Download image Share x Copy link

Relevant content

In the past 6 hours, the total liquidation of short positions for HYPE has exceeded $12.65 million across the network. The largest HYPE bear whale has reduced its position by $35 million in the past week.

On November 25th, according to Coinglass data, in the past 6 hours, there were approximately $12.65 million worth of short positions in HYPE liquidated across the network. The majority of these liquidations took place on Hyperliquid, accounting for about 94% of the total. In addition, according to the monitoring of HyperInsight, "Abraxas Capital" holds the largest long position in HYPE on Hyperliquid, with a position size of $44.72 million. Recently, they have been gradually closing their long positions to take profits while also engaging in spot selling. As a result, the short positions have decreased from $89.30 million on the 18th to $44.70 million, with a remaining unrealized profit of $13.26 million.

12 minutes ago

Lighter: The Spot Trading Testnet is now live. Feedback is welcome.

On November 25th, according to an official announcement, Perp DEX Lighter declared that the spot trading testnet has become live. Traders are invited to offer feedback in order to prepare for the launch of the mainnet.

12 minutes ago

Binance Launches XUSD Capital Protection Earn Campaign for Flexible Savings, Offering Up to 12.5% APY

November 25th. According to an official announcement, Binance Launchpad has introduced the StraitsX USD (XUSD) Capital Protection Earn Coin floating rate product special event. During this event, users who subscribe to the XUSD Capital Protection Earn Coin floating rate product can obtain a maximum annualized yield of 12.5%, which includes a 10% exclusive ladder annualized yield and a real-time annualized yield. The event will be held from 08:00 on November 25, 2025, to 07:59 on December 25, 2025 (UTC+8).

12 minutes ago

Bitget will list IRYS spot trading

On November 25th, Bitget is going to list Irys (IRYS) on its Innovation Zone and Blockchain Zone. The deposit channel has been opened currently, and the trading channel will be opened at 21:00 on November 25th (UTC+8).

12 minutes ago

Berachain Series B Funding Lead Investor Framework Holds BERA Position with Unrealized Loss of Over $50.8 Million

On November 25th, according to Unchained, by the end of the second quarter of 2025, Framework Ventures, a crypto venture capital firm that co-led the Berachain Series B funding round together with Brevan Howard Digital's Nova fund, possesses 21,145,476 BERA tokens. The total purchase cost of these tokens is approximately $72.4 million. Based on their average purchase price of $3.42, at the current price, this amount of BERA would lead to Framework suffering more than $50.8 million in unrealized losses. Framework Ventures did not respond to multiple requests for comment. Previously reported, the privacy terms of Berachain were exposed, indicating that Brevan Howard's $25 million investment could be refunded after the TGE, which was unknown to other investors. Berachain's co-founder responded to the reports stating "Nova Digital has a $25 million investment refund right" by saying that it is neither accurate nor complete and that Nova still remains one of the largest token holders.

12 minutes ago

「Cool-headed King of Short Selling」 Receives Margin Call 31 Consecutive Times, Weekly Loss Reaches $15.3 Million

On November 25th, according to Coinbob Popular Address Monitor, the "Calm Long King" opened another short position in ZEC in the past half hour and added to the position to close the short position in SOL. Additionally, influenced by the continuous rise of BTC in the early morning, the short positions in BTC and SOL opened by the trader have been liquidated 31 times within a few hours, resulting in a total loss of $2.78 million. Even though the trader has continuously deposited $440,000 in collateral into Hyperliquid today, more than half of the position has been liquidated, compared to yesterday: BTC Short Position: Position size changed from $41.72 million to $22.05 million; Unrealized loss is $1.09 million (-194%); Liquidation price is $89,900. SOL Short Position: Position size changed from $30.89 million to $15.12 million; Unrealized loss is $1.18 million (-156%); Liquidation price is $142. The trader turned an initial

12 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08