#加密货币ETF Korean retail investors' recent moves on BitMine are honestly quite aggressive. They retraced 80% yet still invested a net of $1.4 billion, and even poured $566 million into 2x leveraged ETFs—this is not confidence, it's gambler's mentality.

But there's a detail worth pondering: why are they still betting? With Peter Thiel's endorsement and Tom Lee's involvement, market confidence in the "Ethereum accumulation logic" hasn't completely collapsed. What does this indicate? Many follow-the-leader traders are not only looking at short-term unrealized losses but are also betting on the long-term fundamentals.

My feeling is that traders managing large positions like this must have a clear position-splitting strategy. Don't follow with the full amount, especially during high drawdown periods. Divide into three tiers: core positions based on fundamental logic, reduce or switch to low-leverage assets when unrealized losses exceed 50%, and keep some cash reserve for subsequent averaging down. Given the cyclical volatility of crypto assets, stop-loss settings should be flexible—not just a fixed ratio, but adjusted according to the trader's historical drawdown tolerance.

The concentrated bets of Korean retail investors actually give us a reference sample: to see if a trader is worth following, look at whether institutional-level large funds are still backing them during deep corrections. This often reveals more than short-term returns.