Michael Burry Warns Bitcoin Slide Could Trigger Precious‑Metals Liquidations

Michael Burry warned that bitcoin's recent decline could produce cross‑market fallout, saying falling crypto prices may have forced institutions to liquidate precious metals and that “up to $1 billion” in gold and silver were liquidated at month‑end as bitcoin slid below $73,000 ^[2][5][1].

Burry cautioned the rout could trigger a broader “death spiral,” threatening bitcoin treasury companies and wider financial markets; tokenized silver futures logged one of the largest wipeouts across crypto markets, with silver liquidations outpacing bitcoin and ether in recent sessions ^[4][3].

He characterized the correlation between bitcoin and precious metals as creating “sickening scenarios” that could force additional liquidations and market stress, a point he made in a Substack post and subsequent commentary ^[5][1].

Burry's warnings — reported across multiple outlets — highlight concerns about contagion between crypto and precious‑metals markets as prices continue to move, prompting market participants to watch for further forced selling ^[2][5].