BTC drops 0.31% in 15 minutes: Burry’s shorting of chip stocks sparks a flight-to-safety sentiment
From 23:30 to 23:45 (UTC) on July 27, 2026, BTC fell 0.31% within 15 minutes. The price ranged from 63,636.3 to 63,924.6 USDT, with a range of 0.45%. Over the past 24 hours, BTC dropped from a $65,744 high to around $63,741.9, for a cumulative decline of 2.59%, as market volatility intensified. The main driver behind this abnormal move was that Michael Burry expanded his short positions in chip stocks, prompting a retreat in hedging for risk assets. This well-known investor—famous for shorting t
GateNews·07-27 23:58
