Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
KoreaSingleStockLeveragedETFTradingFalls
43,093 views
813 Discussing
**Korea's leverage experiment just blew up - $38.7B GONE 💥**
Korea launched 2x ETFs on Samsung & SK Hynix. Retail piled in with $212T volume.
Samsung fell 14% in a day. One guy lost his yearly salary in a month.
Government had enough:
- Deposit raised to $20k
- New ETFs banned
- 20% cap per investor
Volume crashed 83% - from 1.4T to 234B Won in 4 days.
This is why I say - **leverage kills.**
If stocks can do this, imagine what 100x does in crypto.
Are you still using high leverage?
#Bitcoin #Trading #CryptoNews#koreasinglestockleveragedetftradingfalls
True News
·3 Likes
·1.1k views
VietnamPilotsCryptoAssetMarket
34,965 views
795 Discussing
GoldFalls3.24%ThisWeek
44,316 views
1,040 Discussing