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BlockFlow
@BlockFlow_News
Discover Verified Trading Insights from Top Experts, KOLs, VCs and More😏 Every View is Tracked🎯
Joined June 2017
682 Following    4.6K Followers
From ₩20 million to ₩300 million, then back to nearly ₩0. The Korean trader is not giving up as he plans to borrow again and return to the market once he has enough capital. This reflects a broader problem in South Korea: - Margin-loan balances hit a record ₩38.63 trillion on June 24, before falling to ₩34.37 trillion by July 15. - Total investor borrowing, including other forms of debt, exceeded ₩60 trillion at the end of May. - KOSPI more than doubled within six months, but later experienced several declines of more than 10%.
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