The Korean stock market has triggered its circuit breaker for two consecutive days, as reported on March 4. This market turbulence has significantly impacted a particular address that took a 20x long position on the Korean ETF (EWY) at $127.03. Initially, this position reached a peak unrealized profit of $626,280. However, the situation has reversed dramatically, with the position now facing a loss of $4,363,590. The position is approaching its liquidation price of $115.07, highlighting the volatility and risk in the current market environment.