spidermonkey

Hooked on Internet Money | Advisor @okx @wallet

[spidermonkey @spidermonkeyWHY]

@akshaybd So the Global Elite Agenda to limit human movement, tie rations to DID and CBDC, and impose lockdowns on them was real all along and not a conspiracy? 😔

[spidermonkey @spidermonkeyWHY]

@HODLatina Crazy spear

[AA @mxw1n]

@andyfang Anyone who does this, just know you are training your replacement that will never get tired, never complain, never takes breaks, all this data is being collected for pennies on the dollar, if you knew your worth you would avoid helping them but you will most likely be a pawn.

[spidermonkey @spidermonkeyWHY]

@megarish @sama @WazabiAI Pete is clearly the first of these thesis playing out in real time
OpenClaw just proved that

Excited to see what Wazabi opens up for the broader dev community

[spidermonkey @spidermonkeyWHY]

@helloitsaustin @itsolelehmann You're a chad Austin

[spidermonkey @spidermonkeyWHY]

the most left curve narrative in a minute, if you can't see the vision
Just Left Curve it,
Enter the $CABIN

[spidermonkey @spidermonkeyWHY]

When everything turns to dust, i will be waiting for you all in my $cabin in the woods

[spidermonkey @spidermonkeyWHY]

@empirelab Gm

[spidermonkey @spidermonkeyWHY]

@empirelab Empire Arc

[Dust @DustNukes]

BREAKING:

Pumpfun rugs fall 97% as Ramadan starts, experts say that this phenomenon will only last 30 days.

[spidermonkey @spidermonkeyWHY]

@VasilescuSergiu @dasheikh @Sxyz500 @0x3Samurai @Pongooeth @0xyspiral @andres_solt @EvanLuthra @BtzEightyEight Happy Valentines Day to my loves ❤️

[spidermonkey @spidermonkeyWHY]

@MemecoinSummit @Remembers_xyz Live one life to remember baby

[MemeCoin Summit @MemecoinSummit]

Bros made the St. Moritz mountain louder than any crypto conference.

Winter summit hit different. Still buzzing 🔥📷
When is the Summer edition? @Remembers_xyz

#Supercars #StMortiz #Rally

[spidermonkey @spidermonkeyWHY]

@dasheikh @PredicTools @Polymarket @Kalshi Gg

[spidermonkey @spidermonkeyWHY]

@Datcoinfinance DAT

[spidermonkey @spidermonkeyWHY]

@habibivc Take me for meeting bai

[spidermonkey @spidermonkeyWHY]

as retail reduces exposure, whales accumulate.

1,000+ BTC addresses increased by 2.2% to 1,384, signalling renewed institutional interest.

[spidermonkey @spidermonkeyWHY]

@Datcoinfinance $DAT saving my bags

[spidermonkey @spidermonkeyWHY]

is the cycle over?

with this dip at –24%, it’s the third-largest correction so far.

standard liquidity flush or a structural breakdown?

this correction doesn’t violate higher-timeframe momentum or structure.

we’ve seen deeper retracements in previous cycles before expansion,

but the sentiment has never been this bad.

[EndGame Macro @onechancefreedm]

Why I Think Michael Burry Is Shutting Down Scion Now

Let’s put a few things together…Burry’s liquidation letter, his depreciation thread on the hyperscalers, and his “me then, me now” Big Short meme and he’s basically spelling out one story.

He thinks we’re in an earnings inflated, AI driven bubble that a value investor can’t sit inside without eventually getting crushed.

In the letter he says it plainly “My estimation of value in securities is not now, and has not been for some time, in sync with the markets.” That’s not a I’m tired of running money line. That’s a man saying, I can’t reconcile what I see in the numbers with the prices the market is willing to pay. When someone like Burry reaches that point, the logical move isn’t to keep collecting fees and hope it mean reverts. It’s to get out of the structure that forces you to play the game at all.

Then you look at his post on depreciation. He’s saying the biggest beneficiaries of the AI boom that includes META, GOOG, ORCL, MSFT, AMZN of juicing earnings by quietly stretching the useful life of servers and GPU rigs that are really on a 2–3 year technology cycle. Extend the life in the accounting model, and you cut today’s depreciation expense. Cut depreciation, and EPS looks 20–30% higher than it would under a stricter assumption. He’s saying that the market is paying premium multiples on numbers that are, in his view, structurally overstated.

Put that together with the “me then, me now… it worked out, it will work out” post, and he’s clearly casting himself as the same guy who sat in front of a wall of subprime prospectuses in 2005. Back then, he saw engineered AAA paper built on bad collateral. Now he sees trillion dollar market caps built on AI capex and accounting choices he thinks will blow up 2026–2028 as the depreciation math reverses.

SO WHY SHUT DOWN SCION NOW? MY HIGHEST PROBABILITY READ IS THIS

He expects a major repricing in the very stocks that dominate the indices and he doesn’t want to live through the last, craziest stretch of the bubble with other people’s money tied to his name.

If he’s right about the under depreciation, then over the next few years earnings growth for the hyperscalers should slow sharply or even go negative just as the AI narrative cools and the cycle matures. When that happens, multiples compress, passive flows that are overweight those names work in reverse, and the broad market takes a hit because the “Magnificent Few” are the market. From his perspective, that looks less like a normal correction and more like the equity version of the housing unwind: a long stretch of fake comfort, then a sharp break when the math can’t be hidden anymore.

Closing the fund accomplishes a few things at once. It lets him step aside before that break, so he’s not fighting client redemptions or daily benchmarking while he’s trying to hold deeply contrarian positions. It frees him to short or sit in cash on his own terms, without regulators and LPs looking over his shoulder. And it sends a signal: if valuations are this disconnected from what he thinks the true earnings power is, the most honest thing he can do as a fiduciary is hand back the money and say, I don’t want you in this.

So, in my view, he’s not walking away because he’s done with markets. He’s stepping off the stage because he thinks the show has turned into something he’s seen before: a late cycle mania, powered by flattering models and aggressive accounting, that ends with a long, grinding reset in stock prices especially at the top of the index. @michaeljburry