Taiyo Yuden Jumps 7.5% on Late Disclosure of Fund Stake That Was Already Cut

Citadel's Wellington Fund Jumps 5.9% in July After Buying Situational Awareness's AI Stocks at a Discount

VanEck Onchain Economy ETF Buys Dip Without Margin Calls

Bitcoin Spikes to $65K as US-Iran Airstrikes Rattle Markets, South Korea's Upbit Volume Surges 1,318%

$5.7B in Long Liquidations: Crypto's Worst Week Since FTX

KOSPI

This event is not isolated—it follows a broader pattern of foreign equity outflows from emerging markets amid global recession fears. For crypto, South Korea's retail-heavy market often amplifies volatility through the Kimchi premium, and a stock crash can trigger cross-asset deleveraging. The extreme Fear & Greed reading of 8 sets the stage for a potential capitulation bottom, but the macro backdrop remains fragile.

Korea Composite Stock Price Index

Foreign investors sold billions of dollars of Korean stocks, causing the Kospi index to plunge more than 8% at the open on a Monday.

Kospi's 8% Plunge Sends Fear Gauge to 8 as Korean Crypto Traders Face Margin Calls

The Kospi crash is actually a bullish catalyst for Bitcoin demand in Korea as domestic investors rotate out of stocks and into crypto, creating a 'Kimchi Premium' spike.

000660.KS

This event underscores growing valuation concerns in the AI sector after a blistering rally—mirroring the speculative froth we saw in crypto during late 2021. If AI stocks continue to correct, institutional portfolio rebalancing may drain liquidity from risk assets broadly, including cryptocurrencies. However, crypto's recent decoupling from tech means the spillover might be muted unless a broader macro shock triggers simultaneous selling.

SK Hynix

Samsung

Asian stocks dropped Monday as AI-related shares sold off, led by losses in Korean chipmakers SK Hynix and Samsung.