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$KORU Split-share shock! Both longs and shorts are gambling with their lives!
Guys, KORU did a 20-for-1 stock split today, and the exchange has paused the contract adjustment. Quantity ×20, price ÷20—the book value doesn’t change, but volatility will explode.
Two forces are wrestling it out: the bulls still have a breath—4-hour MACD is still expanding, price is above EMA20, and there are buyers in the 460-480 range, so the technicals haven’t broken yet. If it holds at 22.5, you can take another look.
The shorts have already sharpened their knives: funding rates pushed up to 0.13%, fear-greed index hit 89—according to historical data, this combination has topped three times. 24-hour trading volume is 27.8 billion, liquidations are all long positions, and long leverage is overly concentrated—once one gets triggered, it’s a chain reaction.
Things have already gone wrong in Korea: 1.2 million leveraged accounts triggered margin calls, and more than 300,000 were liquidated. KORU fell 65% from the high point. This isn’t an accident—it’s inevitable from stacked leverage.
Hold at 22.5: try long with a light position, and set your stop-loss
If it can’t hold or breaks below 22.0: short directly!