According to data from the Korea Financial Investment Association, as of October 22, the balance of investor deposits at South Korean brokerages fell to 88.68 trillion Korean Won (approximately $35.5 billion), a sharp drop of about 51 trillion Korean Won from its historical peak on June 4, representing a 36.5% decline. This brings the balance back to early-year levels and marks the lowest point since January 13. The rapid withdrawal of retail investor funds is undermining the core force that previously supported the South Korean stock market, and market liquidity faces a severe test.