360K+ South Korean margin accounts just got liquidated.
Nearly 2/3 were under 35.
Young degens got absolutely rekt in what's being called one of Korea's worst market crashes ever.
This isn't just crypto — this is systemic risk bleeding into retail. When leveraged positions unwind this fast, it's a liquidity vacuum.
Watch for contagion. If Korean exchanges start showing stress or withdrawal delays, that's your signal to derisk.
Stay sharp. 👀
Nearly 2/3 were under 35.
Young degens got absolutely rekt in what's being called one of Korea's worst market crashes ever.
This isn't just crypto — this is systemic risk bleeding into retail. When leveraged positions unwind this fast, it's a liquidity vacuum.
Watch for contagion. If Korean exchanges start showing stress or withdrawal delays, that's your signal to derisk.
Stay sharp. 👀