Tesla sees exodus of South Korean retail investors as crypto’s allure rises
6 Articles
6 Articles
Tesla stock sees $657 million exodus for this crypto
Amidst the ongoing Tesla (NASDAQ: TSLA) stock volatility, South Korean retail investors are rapidly pulling out of the equity in favor of cryptocurrencies. Specifically in August 2025, Tesla shares recorded net sales of $657 million in the country, marking the sharpest monthly outflow since at least 2019, according to Bloomberg calculations based on Korea Securities Depository data. Tesla stock performance among South Korean investors. Source: B…
South Korean traders sold USD $657 million in shares of Tesla, the largest registered departure since 2023. Some opted to switch to shares of Bitmine, the company with the largest Ethereum treasury. *** South Korean traders sold USD $657 million in shares of Tesla. The largest outflow of shares of Tesla in the country registered since 2023, Bloomberg said. Some chose to switch to Bitmine, the company with the largest Ethereum treasury. Bitmine s…
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