According to the latest data, an interesting phenomenon has emerged in the Korean market: despite the stock price dropping nearly 80% from the July high, a company holding Ethereum listed in the US stock market has unexpectedly become the new favorite for Korean investors in overseas stock investments.



Data from the Korea Securities Depository shows that this company's performance on the overseas stock popularity chart is astonishing—only behind the tech giant Alphabet. The story behind this is even more intriguing: the company is supported by Silicon Valley legendary investor Peter Thiel, and its daily operations are led by seasoned market analyst Tom Lee.

Significant stock price adjustments usually scare off investors, but this company has instead garnered continuous attention from Korean capital. Does this indicate market confidence in its long-term prospects for crypto asset allocation? Or is a certain contrarian investment opportunity being discovered? Of course, the risk of further price decline still exists, but the sustained deployment by overseas investors at least reflects their recognition of this field.
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NotFinancialAdviservip
· 13h ago
Still buying after an 80% drop? Is Korea bottom-fishing or gambling... This is what true contrarian thinking looks like. When others are fearful... forget it, I still won't touch it. Tom Lee is indeed quite skilled, but can Microstrategy really turn things around? Peter Thiel's endorsement is somewhat promising, but holding ETH isn't foolproof either. Just watching and waiting to see if Korean investors get cut or not.
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FrogInTheWellvip
· 13h ago
An 80% drop and people are still buying in, is this bottom-fishing or gambler's psychology... Koreans are really bold, a bottom-fishing relay game Contrarian investing sounds good, but it's really just betting on a rebound Thiel's endorsement does carry some weight, but that doesn't mean it's stable Crypto asset allocation sounds convincing, but what about the risks?
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GasFeeTherapistvip
· 13h ago
Can an 80% decline still attract so many people? Are Koreans bottom-fishing or truly believing in the future of crypto? Even after such a crash, it's still being sought after. What does that say... Could it be another false signal before a round of profit-taking? Peter Thiel's endorsement certainly has influence, but this time it might not necessarily turn things around. What’s the outlook for crypto asset allocation? I think it looks more like gambling... Anyway, since it’s already fallen so much, might as well go all in. Korean retail investors are starting to play contrarian again. They always regret it in the end.
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Ser_APY_2000vip
· 13h ago
Can it still become a new favorite after dropping 80%? Koreans are really good at this reverse investing move Honestly, this operation feels a bit like gambling... but maybe it's an opportunity Tom Lee and his team, endorsed by Tiller, definitely have some reputation Falling this much actually attracts people, either it's a trap or gold There are quite a few long-term believers in crypto Korean retail investors are really daring to buy, I'm a bit stunned It feels like bottom-fishing, let's see if it can bounce back later The things people believe in, we should also pay attention to Even with such a bloodbath, still ranking second, it shows someone truly believes in this stuff
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