South Korean retail investors are keenly hoarding Ethereum stocks, enthusiasm remains high but risks persist.

According to reports, a certain company has become the most favored overseas stock among retail investors in South Korea, who remain attracted to the high-risk, high-return opportunities in the encryption field. According to data from the Korea Securities Depository, since the beginning of July, retail investors in South Korea have net bought $259 million worth of the company's stock, making it the overseas security with the highest purchase amount during that period.

This craze highlights the ongoing speculative enthusiasm of retail investors in South Korea. About one-third of the Korean population—approximately 18 million people—are active in the digital asset market, with their interests ranging from leveraged encryption ETFs to newly listed stablecoin issuer Circle.

The company aims to replicate the business model of Michael Saylor's strategy, but focuses on Ethereum rather than Bitcoin. The company's current holdings of Ethereum are valued at $3.6 billion, making it the largest in the world. However, volatility remains a hallmark of such stocks. After announcing plans to accumulate a large amount of Ethereum, the company's stock price soared over 3,000% to a peak in July, but then plummeted by 62%.

ETH4.39%
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GasGuzzlervip
· 17h ago
suckers just played, everyone else is trading stocks.
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AirdropHunter9000vip
· 17h ago
Suckers are ultimately suckers, and they can never be played for suckers.
View OriginalReply0
RugPullSurvivorvip
· 17h ago
Korean retail investors are really crazy.
View OriginalReply0
MelonFieldvip
· 17h ago
Koreans really know how to have fun.
View OriginalReply0
JustAnotherWalletvip
· 17h ago
Koreans really know how to have fun.
View OriginalReply0
OnChainSleuthvip
· 18h ago
It's so crazy, Koreans are going all in!
View OriginalReply0
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