• Tom Lee said margin liquidations at Korean brokerages could force investors to sell crypto to raise cash.

• A CryptoQuant contributor said an Ethereum liquidity gauge on Binance hit a near seven-month low.

• Ether traded at $2,520, down more than 1% over 24 hours, amid broader market weakness.

Tom Lee said the crash in Korean equities could spill over into crypto, and he flagged short-term pain for Ethereum (ETH) if margin calls prompt investors to liquidate other holdings.

The chairman of BitMine Immersion Technologies (BMNR) and co-founder of Fundstrat said on X on Tuesday that Ethereum’s price might decline because of a significant sell-off in South Korea’s benchmark Korea Composite Stock…