South Korea Crypto Leverage Crash Wipes $1.45B, Hits Young Traders
The scale matters beyond Seoul: Korea's retail margin complex is large enough that 1.2M margin calls show up in global crypto sell-pressure feeds within minutes.
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The scale matters beyond Seoul: Korea's retail margin complex is large enough that 1.2M margin calls show up in global crypto sell-pressure feeds within minutes.
The Barstool founder's vow to never sell underscores retail timing pain: he bought near $100K, BTC topped $126K, then halved to $63K, and he is sitting on millions in losses.
Being the most-muted topic on the platform where crypto built its audience is a structural distribution problem — Bitcoin has ETF rails to fall back on, but the rest of the market doesn't.