South Korea appeared to be moving towards an economic crisis, especially as the KRW whales shifted their focus towards the USDT stablecoin. Notably, with the South Korean won (KRW) hitting a 15-year low against the dollar, concerns about a looming financial crisis have intensified. CryptoQuant CEO Ki Young Ju likened the situation to the 1998 IMF crisis, sparking fears of a potential market collapse.
KRW Whales Accumulate USDT At 1998 IMF Crisis Level, Market Crash Ahead?
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