This is what happens when excessive speculation meets a BURSTING BUBBLE: The 3x leveraged long South Korea ETF, $KORU, has dropped -70% since the start of October, to its lowest level since December 2025. From its June peak, $KORU is down -90% South Korea's chip stock bubble has massively unwound. The 2021-2022 bear market looks like peanuts by comparison. Meanwhile, the KOSPI index is down -46% from its June peak, to its lowest level since March 2026. $EWY $SKHY Leverage in South Korea turned a speculative frenzy into an outright market collapse.
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