Ethereum price at risk as Tom Lee warns of selloff

Fundstrat co-founder Tom Lee has warned that South Korea’s stock market crash could trigger further selling pressure on Ethereum, as the country’s benchmark KOSPI plunged more than 6% on October 13, 2026. Fundstrat shared Lee’s warning on X, where he raised concerns about forced stock sales among South Korean investors and the possibility of those losses spreading to cryptocurrencies. Lee pointed to the country’s high participation in digital assets and warned that brokerage margin liquidations could create additional selling pressure.

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