According to Kalshi (@Kalshi) and highlighted by @KobeissiLetter, Michael Burry has completely liquidated his equity portfolio and shifted heavily into put options as of May 15, 2025. This strategic move signals Burry's expectation of significant downside risk in traditional markets, which may trigger increased volatility and risk-off sentiment across global assets, including cryptocurrencies. Historically, such bearish positions by prominent investors have led to short-term pressure on Bitcoin and altcoins as traders anticipate possible liquidity crunches and flight to safety. Crypto traders should monitor market correlations and prepare for potential volatility spikes impacting both stocks and digital assets. Source: Kalshi Twitter, May 15, 2025.

According to Michaël van de Poppe, a strategic approach to selling a cryptocurrency portfolio is crucial in a downturn. In his latest analysis, he emphasizes the importance of setting pre-defined risk management levels and exit strategies. He suggests that traders should determine their stop-loss points and reassess market conditions regularly to protect their investments from significant losses. This insight is crucial for maintaining portfolio health during volatile market phases, as shared on his YouTube channel.