Over 1.2M South Korean Leverage Traders Hit Margin Call, 320K-360K Accounts Force-Liquidated as of July 13

According to South Korea's Financial Supervisory Service data, as of July 13, over 1.2 million leveraged retail traders' accounts hit margin call lines, with 320,000 to 360,000 accounts force-liquidated by brokers. This represents approximately 3.4% of the adult population facing liquidation risk. Estimated gross leverage losses reached 2.15 trillion won (about $144 million).

Retail margin deposits fell nearly 30 trillion won since end-June, dropping to 1.071 quadrillion won—the lowest level since June 2020.