Tom Lee: Korea and Taiwan chip selloff is spilling into crypto
- —KOSPI is down 17% in October; Samsung and SK Hynix fell 19.74% and 28.38% from Oct 1–16
- —Forced liquidations in Korea topped 50 billion won over four straight sessions
- —BTC at $81,385 (-1.21% in 24h), ETH at $2,387 (-1.47%), 52% below its peak
- —Korean investors put a net $1.4 billion into BitMine shares in 2025
Why it matters: Lee frames the Asian equity selloff as a buying opportunity for crypto, but argues it requires falling US bond yields and an end to Seoul margin calls.
Source: BeInCrypto AR