Korea Exchange launches program trading suspension mechanism for KOSDAQ

48 minutes ago

Korea Exchange has activated the program trading suspension mechanism for KOSDAQ.

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"Maji" has suffered over $12 million in losses over 10 days, leaving its account balance at just $129,000.

According to Lookonchain monitoring, amid the market downturn, the address of "Big Brother Ma Ji" (real name Huang Licheng) has been continuously closing positions to cut losses and prevent liquidation. His account balance has now fallen to just $129,000, a drawdown of $12.08 million from the peak unrealized profit of $5.26 million recorded on October 5.

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Machi Closes Positions as Market Drops, Account Down to $129K

As the market drops, Machi(@machibigbrother) keeps closing positions to cut losses and avoid liquidation. His account is now down to just $129K.

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South Korea's stock index plummeted by 7%

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CZ asserts that all hardware wallets will be required to use transparent casings in the future.

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