If this card would be K.O.'d and I trash it to draw 1 card instead, does that activate the "When a Character is K.O.'d" effect of another card?

Thatch OP08-045 - One Piece Card Game | OPTCG.GG

Thatch [OP08-045]

If this Character would be removed from the field by your opponent's effect or K.O.'d, trash this Character and draw 1 card instead.

2 stores currently have this card in stock.

If this Character would be removed from the field by your opponent's effect or K.O.'d, trash this Character and draw 1 card instead.

Market Price

USD 0.05

All time High (last 6 months)

USD 0.06

All time Low (last 6 months)

USD 0.04

2 stores currently have this card in stock.