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#KOSPIDropsOver6%

Q: What is KOSPIDropsOver6%?

KOSPIDropsOver6% is On Oct 13, South Korea’s KOSPI fell over 6% intraday, below 6,000. The exchange triggered a sell-side sidecar, pausing affected program sell orders for 5 minutes. Samsung and SK Hynix led losses amid heavy foreign net selling, following US chip stock weakness. Markets are reassessing AI investment returns and memory supply-demand prospects. BitMine chair Tom Lee said Korean equity losses could spill into crypto through margin-driven liquidations, but the actual impact remains unverified.. Follow this topic on OKX Orbit for the latest community posts and token insights.

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About KOSPIDropsOver6%

On Oct 13, South Korea’s KOSPI fell over 6% intraday, below 6,000. The exchange triggered a sell-side sidecar, pausing affected program sell orders for 5 minutes. Samsung and SK Hynix led losses amid heavy foreign net selling, following US chip stock weakness. Markets are reassessing AI investment returns and memory supply-demand prospects. BitMine chair Tom Lee said Korean equity losses could spill into crypto through margin-driven liquidations, but the actual impact remains unverified.

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