Michael Burry’s Crypto Warning Comes True as Silver Crashes 17%

TLDR Silver dropped 17% in one day, eliminating recent gains and dragging down gold and copper prices Hyperliquid platform recorded $16.82 million in forced liquidations of long silver token positions Michael Burry’s “collateral death spiral” theory played out as crypto losses forced metal sales Heavy leverage and thin trading volumes amplified the price collapse beyond [...]

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