Korean Stock Market Triggers Circuit Breaker; Trader Faces $6.04M Liquidation Risk on EWY Long Position

The Korean stock market triggered a circuit breaker and suspended trading after falling 8%, Lookonchain data show. On-chain data show trader 0x629A, who held a heavy long position in the Korean stock market, has shifted from profit to loss and currently holds 47,849 EWY contracts valued at about $6.04 million, with a liquidation price of $115.07.