Markets· ★★★· bearish· October 13, 15:56

Tom Lee warns Ethereum faces more selling pressure after KOSPI crash

—KOSPI fell over 6%, triggering a five-minute suspension of program trading
—Ethereum trades near $2,530, down 6.16% over seven days
—BitMine bought 12,532 ETH, holdings now 6.03 million — about 4.9% of supply
—Key ETH levels: $2,400 support, $2,600 resistance

Why it matters: A Korean equity selloff could force leveraged investors to liquidate crypto holdings, adding near-term pressure on ETH.

Source: crypto.news

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