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South Korean Funeral Firm Sits on $33 Million Ether ETF Loss as Crypto Rout Bites

South Korean Funeral Firm Sits on $33 Million Ether ETF Loss as Crypto Rout Bites

Bearish•
ETH
••The Currency Analytics

A South Korean mutual aid company — the seventh-largest in the country — is nursing a $33 million unrealized loss on leveraged Ether ETFs. The crypto market's recent slide did it.

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The original article is written in English.