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South Korea’s $1.45B leverage wipeout hits young traders hardest

South Korea’s $1.45B leverage wipeout hits young traders hardest

South Korean retail investors have reportedly lost about 2.15 trillion won, or roughly $1.45 billion, from leveraged trading over the past month as sharp market swings triggered widespread margin calls.

Summary

  • South Korean retail investors reportedly lost $1.45 billion as leveraged positions unraveled during market volatility.
  • Traders in their 20s and 30s represented 62% of accounts facing forced liquidation, reports estimate.
  • Korea’s stock leverage unwind follows a retail shift from crypto into equities during the rally.

According to market reports, more than 1.2 million retail leverage accounts had reached margin-call thresholds by July 13. Estimates placed the…

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