The AI casino is eating its own liquidity. Korea's leveraged ETF rebalancing increasingly resembles a massive synthetic short-gamma position, amplifying volatility as leverage comes out.

The AI bubble's canary just died. Korea led the AI mania on the way up. It's now leading the unwind. The implications extend far beyond Seoul.

The AI casino is eating its own liquidity. Korea's leveraged ETF rebalancing increasingly resembles a massive synthetic short-gamma position, amplifying volatility as leverage…