BREAKING: More than 1.2 million leveraged retail trading accounts in South Korea triggered margin calls as ​of July 13th, with an estimated 320,000–360,000 accounts fully liquidated, per Goldman Sachs.

This means around 3.4% of the adult ⁠population in South Korea has received margin calls.

The KOSPI is currently down another ~18% since July 13th.

We believe that the total number of fully liquidated accounts is now above 500,000.

Bitcoin Market Cap divided by Global M2 reacted at exactly the same level seen at the end of 2024.

After that recovery, the indicator started falling again and is now approaching this important region once more.

Let’s see whether this level will hold again.

​​Crypto News Digest: Key Updates You Need to Know

The current report features updates of Jupiter, MoonPay, Grvt, Kraken, Variational, Injective, Polymarket, Kaito, Tether, SoFi, Sei, and Plume.

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Blockchains by Crypto Cards Volume in July

RedotPay is still the top player in the market.

You can try RedotPay: https://url.hk/i/en/m4eca 💳

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XP: 135

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Buy Limit at FVG

https://s3.tradingview.com/snapshots/n/NiNUAjz3.png

The UNESCO Committee approved a condemnation against the destruction of “World Heritage Property” by the Thai military, which requires accountability and condemnation in accordance with international law. On that occasion, the Thai delegation requested an immediate response, and the session chair allowed them to speak for only 1 minute.

Expanding your skills starts with sharing ideas openly. When you contribute with an open mind, others begin to value your work and that recognition keeps you motivated. In trading, collaboration with other disciplined traders builds growth, just like GT Trader’s message to me on LinkedIn. Together, we expand knowledge and sharpen our edge.