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#TomLeeWarnsKoreanStockSelloffMaySpillIntoCrypto
South Korea’s Market Shock: $803M Crypto Liquidations and a Global Risk-Off Warning
1. South Korea’s Stock Market Sell-Off Raises Global Risk Concerns
South Korea’s stock market suffered a sharp sell-off on October 13, 2026, as mounting concerns over semiconductor valuations, AI financing, and foreign capital outflows intensified selling pressure.
The KOSPI plunged 5.46% to close at 6,035.35, while the Korea Exchange activated its sell-side sidecar mechanism at 9:47:58 a.m., temporarily suspending program trading for five minutes after KOSPI 20
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$RATS has lost every last penny
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RATS-49.33%
Against the backdrop of surging U.S. Treasury yields, STRC is already about to return to par value.
This means MSTR can start buying again. It also means the market has very high confidence in MSTR.
Theoretically, 5% U.S. Treasury yields should put pressure on the prices of preferred stocks like STRC, but STRC is unexpectedly strong.
Bullish on BTC.
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STRC+0.26%
MSTR-0.99%
BTC+0.16%
Afternoon Market Updates
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$MSTR is getting closer to a bottom region.
Every previous green alert from the Cryptic Bottom Index marked an area where price eventually bottomed and reversed higher.
Now the indicator is moving into the yellow region, signaling that the bottom is getting close.
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MSTR-0.99%
Long/short ratio 1.19, OI unchanged, I’m on the $BTC bulls’ side
3 hours ago, UBS moved £1.7 billion in pensions to Legal & General. Traditional finance is transferring risk. $BTC is now at 83600.34. After the event, it fell from 83761.0 and has barely moved since—the market didn’t react to it. The direction is clear: bullish.

The logic isn’t complicated. First, the long/short account ratio is 1.1949, while OI at 94080.89 remains completely unchanged from the archived 0.0%; second, only 17 of the 81 coins across the market are green—the bloodbath is in altcoins, while $BTC is still above the
BTC+0.16%
$AVAX currently falls into the category of major public chains that have dropped harder than their peers, but whose structure remains intact. My conclusion is: bullish in the short term, with a bet on an oversold rebound.
First, a horizontal comparison. During the same period, $STR fell 12.77% over 24h, $DOGE fell 3.89%, and $AVAX was in the middle with a 6.54% decline. The key difference, however, lies in the quality of the moves: $STRK had an amplitude as high as 34.95%, indicating an emotion-driven sell-off; $DOGE 's moving averages remained in a bullish alignment and it fell the least
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DOGE-3.61%
Just a random chart.
What do you think happens from here?
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Among the BBA brands, only BMW broke through.
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$MU U.S. storage stocks have already started plunging in premarket trading. $SKHYNIX A massive plunge is coming tonight—longs, run for your lives! South Korean stocks closed sharply lower again, with SK Hynix plunging first!$SNDK
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SNDK-8.31%
#BTC There are accumulated short positions. Compared with previous periods, there are not as many long and short positions.
This looks like a favorable environment for this rise.
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BTC+0.18%
As long as we stay in the play, success is possible!
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I just realized my lighthouse is now Grade B 😂
But it seems like there hasn’t been much activity lately.
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Are you still holding ZEC at $1,195?
From $1,650 to $1,195, 28% is gone. ETFs are seeing redemptions, leverage is getting liquidated, and everyone is asking: Is the privacy narrative dead? But the weekly chart hasn’t died yet—is this the final drop, or the beginning of a bear market?
First, look at the surface: support broke, and longs were swept.
Over 24 hours, it swung from $1,125 to $1,310, with volume expanding and long liquidations clearly exceeding short liquidations. Market cap remains around $20 billion, ranking 10th, while the one-year gain is still above 300%. The candlesticks tell y
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BTC+0.16%
ETH-1.49%
ZEC-7.99%
Spent the whole afternoon grinding, and the market has truly been dull. Our current-price short position is currently up $11.
$ETH $XAU #黄金 #Gate位列中心化交易所净流入前二
ETH-1.44%
XAU+0.38%
#GateX红牛F1新加坡站夺冠 #每周来晒 Max conquers Marina Bay, while Gate wants to conquer your “way of watching”—predictions, quizzes, collectibles, which one do you want most?"
Max's performance at this Singapore Grand Prix deserves full marks💯
1. A career milestone breakthrough
This was Verstappen's first Singapore Grand Prix victory in 10 attempts since entering F1, while also claiming pole position, the sprint race win, and the race win to complete a weekend grand slam.
2. Dominance from start to finish
After securing pole in qualifying, he consistently delivered blistering speed under different condit
MARKET UUPDATES
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📺 What to watch on Gate Live this week? Bookmark these three livestreams in advance!
How do CPI data affect interest rate expectations and market trends? How do you team up and play WCTC S9? How can project revenue be converted into token value?
👀 The highlights of each livestream are shown in the graphic. Pick the one you most want to watch, reserve your spot in advance, and see you in the livestream~
📍 https://www.gate.com/live
🔔 Open the Gate App, search for “Gate Live,” and follow it to get automatic reminders when the livestreams start!
GateLiveChinese
📺 What to watch on Gate Live this week? Bookmark these three livestreams in advance!
How do CPI data affect interest rate expectations and market trends? How do you team up and play WCTC S9? How can project revenue be converted into token value?
👀 The highlights of each livestream are shown in the graphic. Pick the one you most want to watch, reserve your spot in advance, and see you in the livestream~
📍 https://www.gate.com/live
🔔 Open the Gate App, search for “Gate Live,” and follow it to get automatic reminders when the livestreams start!
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TOKEN-6.58%
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