South Korean Leveraged Retail Liquidations Surpass 500,000 Amid KOSPI Drop

Over 500,000 leveraged retail accounts in South Korea are estimated to be fully liquidated as the KOSPI falls 18% since July 13, impacting 3.4% of adults.

Woofun AI data shows that more than 1.2 million leveraged retail trading accounts in South Korea triggered margin call notifications. Initial estimates placed complete liquidations between 320,000 and 360,000 accounts, representing approximately 3.4% of the adult population. With the Korea Composite Stock Price Index declining by roughly 18% since July 13, the total number of forcibly liquidated accounts is now projected to exceed 500,000.