A rough two days for Korean equities just showed where nervous money goes.
Tether and bitcoin trading on Korea's exchanges jumped 82 percent over July 28-29, with 2.6 trillion won changing hands as the KOSPI slid. SK Hynix shares hit their daily lower limit and barely traded, while roughly 83 billion won in crypto futures positions were force-liquidated in the same volatility. Add in rising global long-term yields, and Korean regulators face a heavier debt-servicing bill just as market stress tests their oversight.
Sources:
- Tether and Bitcoin Trading Jump 82% as KOSPI Slides — Seoul Economic Daily, July 31, 2026
- SK Hynix Hits Lower Limit as 83 Billion Won in Crypto Futures Force-Liquidated — Seoul Economic Daily, July 31, 2026
- Global Rate Pressure Adds to Korea's Debt-Servicing Burden — Seoul Economic Daily, July 31, 2026
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Tags:
#KOSPI #SKHynix #StablecoinFlows #InterestRates #AIPRISM #SeoulEconomicDaily #WANIFRA #KoreaMarkets
